Greater Des Moines Montessori Association Inc

Analysis

Greater Des Moines Montessori Association Inc is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in August 1971, 55 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 July 2024, Greater Des Moines Montessori Association Inc reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.5m to $1.7m (+8.8%), an average of +2.1% a year. The sharpest change came in the year to July 2022, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Des Moines Montessori Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Rwanda Children ($1.7m), Counsel for Justice ($1.7m) and The Virginia Chamber Foundation ($1.7m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $196k (13% of expenses). Other salaries and wages came to $868k. At year end it held assets of $2.9m against liabilities of $279k, net assets of $2.7m. It reported 46 employees.