Montessori Childrens Center Inc

Analysis

Montessori Childrens Center Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in August 1973, 53 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, Montessori Childrens Center Inc reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.7m (+33%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Childrens Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include National Bar Institute Inc ($1.7m), The Virginia Chamber Foundation ($1.7m) and Young Mens Christian Assn ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $864k, net assets of $1.9m. It reported 30 employees.