Southwest Montessori Academy

Analysis

Southwest Montessori Academy is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Montessori Academy reported income of $414k and spending of $333k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $414k (+30%), an average of +6.8% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Montessori Academy sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include University of Washington School of Law Foundation ($414k), International Society of Learning Sciences Inc ($414k) and Chambersburg Area Sports Boosters ($414k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $46k (14% of expenses). Other salaries and wages came to $146k. At year end it held assets of $769k against liabilities of $336k, net assets of $433k. It reported 12 employees.