Montessori Academy in the Oaks Inc

Analysis

Montessori Academy in the Oaks Inc is a registered charity in United States, based in Hobart, IN. It received its IRS tax-exemption ruling in November 1968, 58 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 Academy in the Oaks Inc reported income of $245k and spending of $281k, spending 114% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $288k to $245k (-15%), an average of -5.1% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Academy in the Oaks Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Association for Practical and Professional Ethics ($245k), Local Learning the National Network for Folk Arts in Education ($245k) and Siddhartha School Partnership ($245k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $185k. At year end it held assets of $114k against liabilities of $6,299, net assets of $108k. It reported 18 employees.