Christian Montessori School at Lake Norman

Analysis

Christian Montessori School at Lake Norman is a registered charity in United States, based in Huntersville, NC. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Christian Montessori School at Lake Norman reported income of $871k and spending of $817k, spending 94% of its income. Across the 6 years on record, from July 2019 to July 2024, income fell from $1.2m to $871k (-25%), an average of -5.5% a year. The sharpest change came in the year to July 2023, when income rose by 113%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Montessori School at Lake Norman sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Avery Properties Inc ($871k), Ambleside of the Willamette Valley ($871k) and Linfield Foundation Inc ($871k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $546k. At year end it held assets of $567k against liabilities of $25k, net assets of $543k. It reported 19 employees.