Escuela Montessori de Montopolis Inc

Analysis

Escuela Montessori de Montopolis Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1976, 50 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 2023, Escuela Montessori de Montopolis Inc reported income of $346k and spending of $349k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $203k to $346k (+71%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Escuela Montessori de Montopolis Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Southeast Stormwater Association ($346k), Three Rivers Ambulance Service ($346k) and San Diego Figure Skating Club ($346k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $53k (15% of expenses). Other salaries and wages came to $63k. At year end it held assets of $385k against liabilities of $5,449, net assets of $379k. It reported 3 employees.