Hyde Park Montessori

Analysis

Hyde Park Montessori is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2016, 10 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 July 2023, Hyde Park Montessori reported income of $811k and spending of $733k, spending 90% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $672k to $811k (+21%), an average of +6.5% a year. The sharpest change came in the year to July 2022, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hyde Park Montessori 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 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Saginaw Future Inc ($811k), Direct Marketing Association of Northern California ($811k) and Academia Nuestra Senora de Fatima Inc ($811k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $64k (8.7% of expenses). Other salaries and wages came to $426k. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $355k. It reported 23 employees.