Friends of Montessori Foundation

Analysis

Friends of Montessori Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Montessori Foundation reported income of $279k and spending of $284k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $258k to $279k (+8.4%), an average of +2.7% a year. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Montessori Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Waverly-Shell Rock Area United Way Inc ($279k), Great Expectations Foundation ($279k) and United Way of Scotland County Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.