Creative World Montessori School Inc

Analysis

Creative World Montessori School Inc is a registered charity in United States, based in LA Grange, IL. It received its IRS tax-exemption ruling in October 1981, 45 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 2022, Creative World Montessori School Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.1m to $1.3m (+20%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative World Montessori School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Pittsburgh Christian Academy ($1.3m), The Virginia Association of Independent Schools ($1.3m) and Independence Community College Foundation ($1.3m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $50k (4.0% of expenses). Other salaries and wages came to $754k. At year end it held assets of $295k against liabilities of $789k, net assets of -$494k. It reported 27 employees.