Northfield Montessori

Analysis

Northfield Montessori is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in August 1998, 28 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, Northfield Montessori reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northfield Montessori sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Buchanan Foundation ($1.8m), Mid-South Christian College ($1.8m) and College Options ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $1.6m, net assets of $1.2m. It reported 67 employees.