Philadelphia Montessori Charter School

Analysis

Philadelphia Montessori Charter School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2004, 22 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 2023, Philadelphia Montessori Charter School reported income of $5.0m and spending of $4.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $5.0m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Montessori Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Southern Connecticut State University Foundation Inc ($5.0m), Hope Charter School Inc ($5.0m) and Gateway Charter School ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $132k (3.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.8m against liabilities of $1.1m, net assets of $2.7m. It reported 83 employees.