Willow Oak Montessori Childrens House Inc

Analysis

Willow Oak Montessori Childrens House Inc is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in March 1998, 28 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, Willow Oak Montessori Childrens House Inc reported income of $429k and spending of $432k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $253k to $429k (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Willow Oak Montessori Childrens House Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Access Group Loan Reserve Trust I 51529-000 ($429k), GPCCN Educational Ministries Inc ($429k) and Friends of RCQ Inc ($429k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $11k (2.4% of expenses). Other salaries and wages came to $250k. At year end it held assets of $210k against liabilities of $7,883, net assets of $202k. It reported 18 employees.