Montessori School of Elkhart Inc
Analysis
Montessori School of Elkhart Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in June 1971, 55 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 Elkhart Inc reported income of $615k and spending of $578k, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $517k to $615k (+19%), an average of +4.4% a year. Over the whole period it spent 95% 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 Elkhart Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Killeen Isd Education Foundation Inc ($615k), Florida School of Holistic Living Inc ($615k) and Compass of Carolina Inc ($615k).
On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $425k. At year end it held assets of $789k against liabilities of $36k, net assets of $753k. It reported 10 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Killeen Isd Education Foundation Inc | Killeen | $615k |
| Florida School of Holistic Living Inc | Orlando | $615k |
| Compass of Carolina Inc | Greenville | $615k |
| Seven Lakes High School Band Boosters Inc | Katy | $615k |