Wilmington Montessori School

Analysis

Wilmington Montessori School is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1965, 61 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 August 2023, Wilmington Montessori School reported income of $4.3m and spending of $3.9m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.4m to $4.3m (-2.2%), an average of -0.6% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilmington Montessori School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within DE. Charities of a similar size with the same main cause include Desert Pre-School Academy ($4.3m), Code Nation Inc ($4.3m) and Hillside Montessori of Lagrange ($4.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $188k (4.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.6m against liabilities of $1.3m, net assets of $8.3m. It reported 90 employees.