Montessori Elementary School

Analysis

Montessori Elementary School is a registered charity in United States, based in Lemont, IL. 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 July 2024, Montessori Elementary School reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $859k to $1.6m (+86%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Elementary 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 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Arc of Illinois ($1.6m), Wasatch Adaptive Sports Inc ($1.6m) and John R and Eleanor R Mitchell Foundation ($1.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $100k (7.8% of expenses). Other salaries and wages came to $650k. At year end it held assets of $3.5m against liabilities of $1.5m, net assets of $2.0m. It reported 25 employees.