Montessori Education Trust Inc

Analysis

Montessori Education Trust Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Montessori Education Trust Inc reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.2m to $1.2m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to May 2021, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Education Trust Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include San Miguel Academy of Newburgh ($1.2m), American Institute of Baking ($1.2m) and Cypress High School Athletic Boosters Club ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $153k (12% of expenses). At year end it held assets of $2.0m against liabilities of $1.6m, net assets of $366k. It reported 38 employees.