Montessori Academy Incorporated

Analysis

Montessori Academy Incorporated is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in August 1990, 36 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 2024, Montessori Academy Incorporated reported income of $5.8m and spending of $4.6m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.8m to $5.8m (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Academy Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Kids Community College Elementary Charter School Southeast Inc ($5.8m), Block Institute School ($5.8m) and Kansas City Metropolitan Community Colleges Building Corporation ($5.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.0% and program service revenue 94% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $10.3m against liabilities of $5.4m, net assets of $4.9m. It reported 118 employees.