The Montessori Foundation Incorporated

Analysis

The Montessori Foundation Incorporated is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in May 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Montessori Foundation Incorporated reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.2m to $1.5m (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Montessori Foundation Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Metropolitan Section Pga Foundation Inc ($1.5m), Center for Disability and Elder Law Inc ($1.5m) and Center for the National Interest Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $230k (16% of expenses). Other salaries and wages came to $512k. At year end it held assets of $400k against liabilities of $209k, net assets of $191k. It reported 9 employees.