New World Montessori School

Analysis

New World Montessori School is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in March 2003, 23 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, New World Montessori School reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $931k to $1.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to July 2022, when income rose by 35%. 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, New World Montessori School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Bnos Yisroel of Houston Inc ($1.0m), Arihanta Institute ($1.0m) and Boilermakers Local Lodge 647 Education Trust ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $132k (12% of expenses). Other salaries and wages came to $361k. At year end it held assets of $508k against liabilities of $335k, net assets of $173k. It reported 20 employees.