Bloomington Montessori Association Inc

Analysis

Bloomington Montessori Association Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in December 1969, 57 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, Bloomington Montessori Association Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.5m to $1.9m (+23%), an average of +5.3% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomington Montessori Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Joseph Academy Inc ($1.9m), Center for a New Economy Inc ($1.9m) and Doral Leadership Institute Inc ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $103k (5.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $822k, net assets of $1.3m. It reported 44 employees.