Magnolia Montessori School

Analysis

Magnolia Montessori School is a registered charity in United States, based in Oxford, MS. It received its IRS tax-exemption ruling in October 2014, 12 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 May 2023, Magnolia Montessori School reported income of $753k and spending of $697k, spending 93% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $364k to $753k (+107%), an average of +27% a year. The sharpest change came in the year to May 2021, when income rose by 77%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Magnolia Montessori School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MS. Charities of a similar size with the same main cause include Education Alternatives Inc ($753k), Salmonberry Country Day School ($753k) and South Bend Montessori High School Inc ($753k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $473k. At year end it held assets of $798k against liabilities of $405k, net assets of $392k. It reported 36 employees.