Highland Park Montessori School Inc

Analysis

Highland Park Montessori School Inc is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in November 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 December 2023, Highland Park Montessori School Inc reported income of $2.8m and spending of $2.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.8m (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 60%. 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, Highland Park Montessori School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Summit Academy of Greater Louisville Inc ($2.8m), Trinity School Inc ($2.8m) and Redeemer Classical School ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $303k (11% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $823k against liabilities of $313k, net assets of $511k. It reported 76 employees.