Laren Montessori School

Analysis

Laren Montessori School is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in October 2019, 7 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, Laren Montessori School reported income of $158k and spending of $162k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $236k to $158k (-33%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. 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, Laren Montessori School sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Ricks Institute Alumni Association USA Inc ($158k), Agriculture Scholarship Centre for Basis Trading Education Inc ($158k) and The Boulder Sudbury School ($158k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $116k. At year end it held assets of $91k against liabilities of $29k, net assets of $62k. It reported 7 employees.