Lithuanian Montessori Society of America

Analysis

Lithuanian Montessori Society of America is a registered charity in United States, based in Lemont, IL. It received its IRS tax-exemption ruling in October 1964, 62 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, Lithuanian Montessori Society of America reported income of $300k and spending of $288k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $151k to $300k (+99%), an average of +99% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lithuanian Montessori Society of America sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Agile Learner Fund ($300k), Eanes I S D Bridge Point Booster Club Inc ($300k) and Xavier Foundation ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 87% of the total. Other salaries and wages came to $181k. At year end it held assets of $188k against liabilities of $5,055, net assets of $183k. It reported 4 employees.