North Shore Montessori School Inc

Analysis

North Shore Montessori School Inc is a registered charity in United States, based in Rowley, MA. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2023, North Shore Montessori School Inc reported income of $603k and spending of $617k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $710k to $603k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Shore Montessori School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Willow Oak Montessori Foundation Inc ($603k), The Schools Foundation Inc ($603k) and Kenley School ($603k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $53k (8.6% of expenses). Other salaries and wages came to $238k. At year end it held assets of $497k against liabilities of $219k, net assets of $278k. It reported 8 employees.