Dearborn Heights Montessori Center Inc

Analysis

Dearborn Heights Montessori Center Inc is a registered charity in United States, based in Dearborn HTS, MI. It received its IRS tax-exemption ruling in February 1974, 52 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, Dearborn Heights Montessori Center Inc reported income of $2.4m and spending of $1.4m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to July 2023, income fell from $3.1m to $2.4m (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dearborn Heights Montessori Center Inc sits at the 87th 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 88th percentile within MI. Charities of a similar size with the same main cause include Southern Korean Presbyterian Church ($2.4m), ACLU Foundation of San Diego and Imperial Counties Inc ($2.4m) and L M N Publishing International Inc ($2.4m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 47% of the total. Other salaries and wages came to $828k. At year end it held assets of $5.8m against liabilities of $21k, net assets of $5.8m.