Crystal Lake Montessori School

Analysis

Crystal Lake Montessori School is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in March 1985, 41 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 July 2023, Crystal Lake Montessori School reported income of $2.0m and spending of $2.1m, spending 109% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.5m to $2.0m (+28%), an average of +8.6% a year. The sharpest change came in the year to July 2022, when income rose by 41%. 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, Crystal Lake Montessori School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Rising Sun Montessori School ($2.0m), Quincy Notre Dame Foundation ($2.0m) and Heritage Christian Academy ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $90k (4.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.8m against liabilities of $914k, net assets of $925k. It reported 60 employees.