Montessori Parents Inc

Analysis

Montessori Parents Inc is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in December 1972, 54 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 June 2023, Montessori Parents Inc reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $899k to $1.4m (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Parents Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Springfield Prep Realty ($1.4m), Outer Coast ($1.4m) and Berks County Montessori Country Day School ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $86k (6.7% of expenses). Other salaries and wages came to $799k. At year end it held assets of $2.2m against liabilities of $633k, net assets of $1.6m. It reported 51 employees.