Montessori Childrens Cottage Inc

Analysis

Montessori Childrens Cottage Inc is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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 Cottage Inc reported income of $788k and spending of $578k, leaving 27% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $546k to $788k (+44%), an average of +9.6% a year. The sharpest change came in the year to May 2022, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Childrens Cottage Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Gujarati Samaj of Tampa Bay Inc ($788k), Middleburg Community Center Inc ($788k) and Nita Stewart Haley Memorial Library ($788k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $56k (9.7% of expenses). Other salaries and wages came to $222k. At year end it held assets of $1.7m against liabilities of $499k, net assets of $1.2m. It reported 20 employees.