Midland Montessori School Inc

Analysis

Midland Montessori School Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in May 1971, 55 years ago. 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, Midland Montessori School Inc reported income of $1.0m and spending of $1.3m, spending 126% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $638k to $1.0m (+57%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midland Montessori School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Quality Education Institute Inc ($1.0m), Evelyns Park Conservancy ($1.0m) and Westminster Nursery School ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $55k (4.4% of expenses). Other salaries and wages came to $722k. At year end it held assets of $493k against liabilities of $205k, net assets of $288k. It reported 30 employees.