Beacon Academy a Montessori High School

Analysis

Beacon Academy a Montessori High School is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in October 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, Beacon Academy a Montessori High School reported income of $6.7m and spending of $7.6m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.4m to $6.7m (-10.0%), an average of -3.5% 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, Beacon Academy a Montessori High School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include California Budget & Policy Center ($6.7m), Aim High for High School ($6.7m) and Hopeworks N Camden Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $437k (5.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $14.4m against liabilities of $12.2m, net assets of $2.2m. It reported 70 employees.