Community Montessori School Inc

Analysis

Community Montessori School Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in December 1998, 28 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 2024, Community Montessori School Inc reported income of $511k and spending of $621k, spending 122% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $456k to $511k (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Montessori School Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Sun Prairie Education Foundation Inc ($511k), Legacy Academy Inc ($511k) and Fighting Back Scholarship Program Inc ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Other salaries and wages came to $303k. At year end it held assets of $1.7m against liabilities of $1.5m, net assets of $151k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.