Hudson Montessori Association

Analysis

Hudson Montessori Association is a registered charity in United States, based in Hudson, OH. It received its IRS tax-exemption ruling in January 1965, 61 years ago. 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, Hudson Montessori Association reported income of $4.9m and spending of $4.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.9m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson Montessori Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Atlanta Concorde Fire Soccer Association Inc ($4.9m), Openplans Inc ($4.9m) and Free Will Baptist Childrens Home Inc ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $199k (4.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $6.8m against liabilities of $4.0m, net assets of $2.8m. It reported 82 employees.