Montessori Center for Children Inc

Analysis

Montessori Center for Children Inc is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in February 1993, 33 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 2024, Montessori Center for Children Inc reported income of $579k and spending of $552k, spending 95% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $455k to $579k (+27%), an average of +6.2% a year. The sharpest change came in the year to July 2021, when income rose by 61%. 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, Montessori Center for Children Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Umbrella Learning Academy Corporation ($579k), McLean County Unit Dist 5 Music Parents Association ($579k) and Los Altos Chinese School Childrens Center ($578k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 7.7% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $68k (12% of expenses). Other salaries and wages came to $363k. At year end it held assets of $1.6m against liabilities of $106k, net assets of $1.5m. It reported 32 employees.