The Maria Montessori School Inc

Analysis

The Maria Montessori School Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1993, 33 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 December 2022, The Maria Montessori School Inc reported income of $717k and spending of $825k, spending 115% of what it took in. Across the 3 years on record, from June 2020 to December 2022, income fell from $888k to $717k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Maria Montessori School Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Djerassi Resident Artists Program ($717k), New Ebenezer Retreat & Conference Center ($718k) and Mt Moriah Manor Inc ($717k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $65k (7.9% of expenses). Other salaries and wages came to $409k. At year end it held assets of $534k against liabilities of $336k, net assets of $198k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.