Creative Montessori Learning Center

Analysis

Creative Montessori Learning Center is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in August 1989, 37 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 August 2023, Creative Montessori Learning Center reported income of $743k and spending of $647k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $592k to $743k (+26%), an average of +5.9% a year. The sharpest change came in the year to August 2022, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Montessori Learning Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Northern Virginia Education Initiative Inc ($743k), Columbus County Partnership for Children ($744k) and George Mason Research Foundation Inc ($743k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $128k (20% of expenses). Other salaries and wages came to $198k. At year end it held assets of $274k against liabilities of $0, net assets of $274k. It reported 15 employees.