Cleveland Montessori School

Analysis

Cleveland Montessori School is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1995, 31 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, Cleveland Montessori School reported income of $953k and spending of $972k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $953k (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cleveland Montessori School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Anderson Center for Interdisciplinary Studies Inc ($953k), Torah High Schools of San Diego ($953k) and Tooba Academy Inc ($953k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $53k (5.5% of expenses). Other salaries and wages came to $560k. At year end it held assets of $455k against liabilities of $131k, net assets of $324k. It reported 21 employees.