Childrens Montessori of Georgetown Inc
Analysis
Childrens Montessori of Georgetown Inc is a registered charity in United States, based in Georgetown, KY. It received its IRS tax-exemption ruling in April 1981, 45 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Childrens Montessori of Georgetown Inc reported income of $564k and spending of $558k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $402k to $564k (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 102% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Montessori of Georgetown Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Onala Recovery Center Inc ($564k), Specialisterne USA Inc ($564k) and Partners in Christ ($564k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $416k (75% of expenses). At year end it held assets of $76k against liabilities of $61k, net assets of $15k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 78%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Onala Recovery Center Inc | Pittsburgh | $564k |
| Specialisterne USA Inc | Wilmington | $564k |
| Partners in Christ | Ashland | $564k |
| The Family Housing Development Corporation | Albuquerque | $564k |