Montessori Childrens Center Inc

Analysis

Montessori Childrens Center Inc is a registered charity in United States, based in Clemmons, NC. 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 2023, Montessori Childrens Center Inc reported income of $2.9m and spending of $3.4m, spending 117% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.3m to $2.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to July 2022, when income rose by 45%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Childrens Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Walton Academy Inc ($2.9m), Ladder Up ($2.9m) and Aspire Public Schools Foundation ($2.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $6.5m against liabilities of $5.2m, net assets of $1.4m. It reported 63 employees.