West Side Montessori

Analysis

West Side Montessori is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in January 2013, 13 years ago. 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, West Side Montessori reported income of $1.1m and spending of $821k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $538k to $1.1m (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Side Montessori sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within RI. Charities of a similar size with the same main cause include Kennebunk Beach Improvement Association ($1.1m), Maps Counseling Services ($1.1m) and Elizabethton Boys & Girls Club ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $91k (11% of expenses). Other salaries and wages came to $384k. At year end it held assets of $1.5m against liabilities of $713k, net assets of $795k. It reported 23 employees.