Childrens Learning World a Montessori School Inc

Analysis

Childrens Learning World a Montessori School Inc is a registered charity in United States, based in Niles, IL. It received its IRS tax-exemption ruling in June 1971, 55 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, Childrens Learning World a Montessori School Inc reported income of $799k and spending of $755k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $799k (-47%), an average of -15% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Learning World a Montessori School Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Branches Academy and Early Learning Center Inc ($799k), Lighthouse Preparatory Academy ($800k) and Raleigh Nursery School Inc ($799k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $158k (21% of expenses). Other salaries and wages came to $379k. At year end it held assets of $442k against liabilities of $171k, net assets of $271k.