Montessori Society of Champaign-Urbana Incorporated

Analysis

Montessori Society of Champaign-Urbana Incorporated is a registered charity in United States, based in Savoy, IL. It received its IRS tax-exemption ruling in April 1965, 61 years ago. 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, Montessori Society of Champaign-Urbana Incorporated reported income of $2.2m and spending of $1.9m, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.4m to $2.2m (+60%), an average of +12% a year. The sharpest change came in the year to July 2021, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Society of Champaign-Urbana Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Alexandria Symphony Orchestra Inc ($2.2m), City Leadership ($2.2m) and Foundation for Excellence ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $141k (7.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.9m against liabilities of $1.2m, net assets of $2.7m. It reported 41 employees.