Montessori School of Duluth Inc

Analysis

Montessori School of Duluth Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in November 1983, 43 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 2023, Montessori School of Duluth Inc reported income of $719k and spending of $675k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $316k to $719k (+128%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori School of Duluth Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include A Beginning Alliance ($719k), Society of Petroleum Engineers TR ($719k) and Newton Christian Day School Assn ($719k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $60k (8.8% of expenses). Other salaries and wages came to $432k. At year end it held assets of $358k against liabilities of $200k, net assets of $158k. It reported 44 employees.