Walnut Farm Montessori School

Analysis

Walnut Farm Montessori School is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in May 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 June 2023, Walnut Farm Montessori School reported income of $1.7m and spending of $1.5m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $1.7m (+6.0%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walnut Farm Montessori School sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Gateway Academy ($1.7m), Learning Point Alaska Inc ($1.7m) and Tilden Livestock Scholarship Association ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $84k (5.6% of expenses). Other salaries and wages came to $894k. At year end it held assets of $3.7m against liabilities of $1.6m, net assets of $2.1m. It reported 39 employees.