Montessori Community School Inc

Analysis

Montessori Community School Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 1981, 45 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 June 2023, Montessori Community School Inc reported income of $4.4m and spending of $4.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.4m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Community School Inc 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 92nd percentile within NC. Charities of a similar size with the same main cause include Horizon Academy ($4.4m), Baseball Assistance Team Inc ($4.4m) and Gracepoint School Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $171k (4.1% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.9m against liabilities of $2.5m, net assets of $3.4m. It reported 62 employees.