Westside Montessori School Inc
Analysis
Westside Montessori School Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2023, 3 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, Westside Montessori School Inc reported income of $2.8m and spending of $2.6m, spending 92% of its income. Across the 3 years on record, from July 2019 to July 2023, income grew from $2.6m to $2.8m (+8.1%), an average of +4.0% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Westside 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Trustees of the Haverhill Public Library ($2.8m), Aquinas College ($2.8m) and Village School of North Bennington ($2.8m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $127k (4.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.8m against liabilities of $2.2m, net assets of $3.6m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 84%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trustees of the Haverhill Public Library | Haverhill | $2.8m |
| Aquinas College | Nashville | $2.8m |
| Village School of North Bennington | N Bennington | $2.8m |
| Kent School Services Network | Grand Rapids | $2.8m |