Wichita Montessori School Inc

Analysis

Wichita Montessori School Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 June 2023, Wichita Montessori School Inc reported income of $986k and spending of $789k, spending 80% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $701k to $986k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wichita Montessori School Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include Future Famers of America ($985k), Central California Womens Conference ($986k) and Southern Garrett County Rescue Squad Inc ($985k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $100k (13% of expenses). Other salaries and wages came to $406k. At year end it held assets of $900k against liabilities of $180k, net assets of $720k. It reported 24 employees.