Edwardsville Montessori Society Inc

Analysis

Edwardsville Montessori Society Inc is a registered charity in United States, based in Granite City, IL. It received its IRS tax-exemption ruling in January 1972, 54 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 June 2023, Edwardsville Montessori Society Inc reported income of $335k and spending of $367k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $416k to $335k (-20%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edwardsville Montessori Society Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Community Alliance of Lane County ($335k), PTA California Congress of Parents Teachers & Students Inc ($335k) and L E Woodward Community Mental Health Services Company Inc ($335k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $53k (14% of expenses). Other salaries and wages came to $139k. At year end it held assets of $284k against liabilities of $14k, net assets of $269k. It reported 12 employees.