Laramie Montessori School
Analysis
Laramie Montessori School is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in September 2012, 14 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, Laramie Montessori School reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+33%), an average of +7.4% a year. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Laramie Montessori School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 87th percentile within WY. Charities of a similar size with the same main cause include Oakwood School Inc ($1.4m), Universal Education Companies Inc ($1.4m) and Charter School Property II Inc ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $89k (6.6% of expenses). Other salaries and wages came to $658k. At year end it held assets of $407k against liabilities of $132k, net assets of $275k. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 8.1%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oakwood School Inc | Manalapan | $1.4m |
| Universal Education Companies Inc | Philadelphia | $1.4m |
| Charter School Property II Inc | Saint Paul | $1.4m |
| Setda | Glen Burnie | $1.4m |