The Montessori School of Westminster Inc

Analysis

The Montessori School of Westminster Inc is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in October 1974, 52 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 July 2023, The Montessori School of Westminster Inc reported income of $2.3m and spending of $2.0m, spending 86% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.4m to $2.3m (+62%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Montessori School of Westminster Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Prevent Child Abuse Utah ($2.3m), The Animal Rights Alliance Inc ($2.3m) and Laity Renewal Foundation ($2.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 9.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $132k (6.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.0m against liabilities of $2.4m, net assets of $2.5m. It reported 45 employees.