Ronald Knox Montessori School

Analysis

Ronald Knox Montessori School is a registered charity in United States, based in Wilmette, IL. It received its IRS tax-exemption ruling in June 1968, 58 years ago. 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, Ronald Knox Montessori School reported income of $1.7m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ronald Knox Montessori School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Upper Room Housing Corporation ($1.7m), On Being Project ($1.7m) and Tri-State Christian School Association ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Other salaries and wages came to $847k. At year end it held assets of $6.1m against liabilities of $2.0m, net assets of $4.1m. It reported 32 employees.