Mary Lake Montessori Inc

Analysis

Mary Lake Montessori Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in January 1988, 38 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, Mary Lake Montessori Inc reported income of $960k and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $566k to $960k (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mary Lake Montessori Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include 100 Black Men of the Bay Area Inc ($960k), Mountain State Centers for Independent Living Inc ($960k) and Welfare Pride Inc ($960k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $198k (19% of expenses). Other salaries and wages came to $577k. At year end it held assets of $368k against liabilities of $24k, net assets of $344k. It reported 21 employees.