New Albany Montessori School

Analysis

New Albany Montessori School is a registered charity in United States, based in New Albany, OH. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Albany Montessori School reported income of $622k and spending of $567k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $516k to $622k (+20%), an average of +4.8% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Albany Montessori School sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Colorwave Project Inc ($622k), System Dynamics Society Inc ($622k) and Gahanna Lincoln Athletic Boosters Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $177k (31% of expenses). Other salaries and wages came to $184k. At year end it held assets of $871k against liabilities of $315k, net assets of $556k. It reported 10 employees.