Community Montessori School Inc

Analysis

Community Montessori School Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in September 1971, 55 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 2024, Community Montessori School Inc reported income of $2.2m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.5m to $2.2m (+44%), an average of +9.5% a year. The sharpest change came in the year to May 2022, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Montessori School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Vertex Partnership Academies Inc ($2.2m), Ville de Marie Academy Inc ($2.2m) and Chipola Regional Workforce Development Planning Board Inc ($2.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $5.2m against liabilities of $1.6m, net assets of $3.6m. It reported 39 employees.