Meadow Montessori School
Analysis
Meadow Montessori School is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in December 1985, 41 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 2024, Meadow Montessori School reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meadow Montessori School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Western New York Grantmakers Association Inc ($1.9m), Sixth District Appellate Program ($1.9m) and Medical Foundation of Chattanooga Inc ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.0% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $54k (2.9% of expenses). Other salaries and wages came to $977k. At year end it held assets of $4.2m against liabilities of $2.2m, net assets of $2.0m. It reported 56 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.0%
- Program services 80%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Western New York Grantmakers Association Inc | Syracuse | $1.9m |
| Sixth District Appellate Program | San Jose | $1.9m |
| Medical Foundation of Chattanooga Inc | Chattanooga | $1.9m |
| The Julie Valentine Center | Greenville | $1.9m |