International Montessori School Inc

Analysis

International Montessori School Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in July 2005, 21 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, International Montessori School Inc reported income of $2.9m and spending of $2.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.9m (+84%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Montessori School 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 Global School Leaders ($2.9m), City Heights Preparatory Charter School ($2.9m) and Baptist Healthplex Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $120k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.4m against liabilities of $6.3m, net assets of $2.0m. It reported 51 employees.