Petoskey Montessori Childrens House

Analysis

Petoskey Montessori Childrens House is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Petoskey Montessori Childrens House reported income of $795k and spending of $792k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $371k to $795k (+114%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Petoskey Montessori Childrens House sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include LJD JFCS Foundation Inc ($795k), Sustainable Agricultural Solutions ($795k) and Meals on Wheels of Greeley Inc ($795k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Other salaries and wages came to $391k. At year end it held assets of $380k against liabilities of $17k, net assets of $363k. It reported 25 employees.