Hilltop Montessori School Inc

Analysis

Hilltop Montessori School Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 2000, 26 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 July 2023, Hilltop Montessori School Inc reported income of $2.8m and spending of $2.5m, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $2.8m (+38%), an average of +8.3% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hilltop Montessori School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Torrington Library ($2.8m), Regional Educational Media Center Association of Michigan ($2.8m) and Montessori Academy of Early Enrichment Inc ($2.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $133k (5.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $7.7m against liabilities of $5.1m, net assets of $2.6m. It reported 41 employees.