Montessori School of Wooster Inc

Analysis

Montessori School of Wooster Inc is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in January 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 July 2023, Montessori School of Wooster Inc reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $1.8m (+56%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori School of Wooster Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Trinity Christian School of Montville Inc ($1.8m), Edventure Charter School Inc ($1.8m) and Friends of Nova Classical Academy ($1.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $66k (3.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.9m against liabilities of $1.6m, net assets of $1.3m. It reported 94 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.