New World Montessori School Ltd
Analysis
New World Montessori School Ltd is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, New World Montessori School Ltd reported income of $630k and spending of $595k, spending 95% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $610k to $630k (+3.2%), an average of +0.6% a year. The sharpest change came in the year to July 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, New World Montessori School Ltd sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Just What I Needed Child Development Center Inc ($630k), James Arthur Albert Foundation ($630k) and Odyssey Leadership Academy ($629k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $71k (12% of expenses). Other salaries and wages came to $351k. At year end it held assets of $1.2m against liabilities of $460k, net assets of $722k. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.6%
- Program services 93%
- Other 5.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Just What I Needed Child Development Center Inc | Greensboro | $630k |
| James Arthur Albert Foundation | Urbandale | $630k |
| Odyssey Leadership Academy | Oklahoma City | $629k |
| Citizens for Better Living Inc | Bloomfld HLS | $630k |