Goldberg Montessori School

Analysis

Goldberg Montessori School is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in February 2013, 13 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, Goldberg Montessori School reported income of $1.6m and spending of $1.4m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.6m (-2.7%), an average of -0.7% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goldberg Montessori School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include North Star Child Development Center Inc ($1.6m), Kids Hope USA Inc ($1.6m) and Worlds of Opportunity Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $91k (6.7% of expenses). Other salaries and wages came to $644k. At year end it held assets of $1.5m against liabilities of $42k, net assets of $1.5m. It reported 35 employees.