Rochester Montessori School Inc

Analysis

Rochester Montessori School Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in August 1969, 57 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 June 2023, Rochester Montessori School Inc reported income of $3.4m and spending of $3.0m, spending 89% of its income. Across the 5 years on record, from May 2020 to June 2023, income grew from $2.4m to $3.4m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 1469%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester Montessori School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Nash ($3.4m), Mid-America Baptist Theological Seminary ($3.4m) and Infinity Charter School ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $40k (1.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.2m against liabilities of $2.5m, net assets of $2.7m. It reported 69 employees.