Horizon Montessori School

Analysis

Horizon Montessori School is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in May 1984, 42 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 August 2024, Horizon Montessori School reported income of $490k and spending of $432k, spending 88% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $292k to $490k (+68%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horizon Montessori School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Altenheim Foundation Inc ($490k), Assistant League of Greater Placer ($490k) and Louisiana Christian Schools ($490k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 77% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $175k. At year end it held assets of $904k against liabilities of $32k, net assets of $872k. It reported 8 employees.