Hand in Hand Christian Montessori Home School Academy

Analysis

Hand in Hand Christian Montessori Home School Academy is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hand in Hand Christian Montessori Home School Academy reported income of $4.8m and spending of $4.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.8m (+94%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hand in Hand Christian Montessori Home School Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Keystone Montessori Charter School Inc ($4.8m), Rocket Learning Foundation ($4.8m) and Smart Start of Davidson County Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $71k (1.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $10.8m against liabilities of $9.6m, net assets of $1.2m. It reported 163 employees.