Montessori Childrens School

Analysis

Montessori Childrens School is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in March 2001, 25 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 May 2023, Montessori Childrens School reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $934k to $1.2m (+30%), an average of +9.2% a year. The sharpest change came in the year to May 2021, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Childrens School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Free Alas ($1.2m), Maitland Public Library Inc ($1.2m) and St Timothy Christian Academy ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.8% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $64k (5.6% of expenses). Other salaries and wages came to $688k. At year end it held assets of $1.5m against liabilities of $950k, net assets of $599k. It reported 42 employees.