Quad City Montessori Association Inc

Analysis

Quad City Montessori Association Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in June 1972, 54 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 2023, Quad City Montessori Association Inc reported income of $1.0m and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $718k to $1.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to July 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quad City Montessori Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include No Limits Academy Inc ($1.0m), Palmetto Christian Academy of Greenwood Inc ($1.0m) and Southern Managemant Associate ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Other salaries and wages came to $676k. At year end it held assets of $1.7m against liabilities of $1.4m, net assets of $296k. It reported 33 employees.