Council Oak Montessori School Ltd

Analysis

Council Oak Montessori School Ltd is a registered charity in United States, based in Blue Island, IL. It received its IRS tax-exemption ruling in March 1992, 34 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 2023, Council Oak Montessori School Ltd reported income of $838k and spending of $694k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $549k to $838k (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Council Oak Montessori School Ltd sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Medical Center Nursery School ($838k), Eternity Christian School ($838k) and Local 44 J a T C Educational Development Trust ($837k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $70k (10% of expenses). Other salaries and wages came to $374k. At year end it held assets of $859k against liabilities of $638k, net assets of $220k. It reported 11 employees.