Parkside Community Montessori School

Analysis

Parkside Community Montessori School is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1992, 34 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, Parkside Community Montessori School reported income of $2.0m and spending of $1.3m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parkside Community Montessori School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include South City Community School ($2.0m), Oakland Community College Foundation ($2.0m) and Adelphoi Foundation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $213k (16% of expenses). Other salaries and wages came to $562k. At year end it held assets of $3.4m against liabilities of $1.1m, net assets of $2.3m. It reported 26 employees.