Sherman Montessori Pre School Inc

Analysis

Sherman Montessori Pre School Inc is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in March 2017, 9 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 2024, Sherman Montessori Pre School Inc reported income of $434k and spending of $462k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $466k to $434k (-7.0%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sherman Montessori Pre School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Community School Foundation Inc ($434k), Caring Little Friends of St Francis Preschool ($434k) and Maimonides Jewish Day School Inc ($434k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Other salaries and wages came to $355k. At year end it held assets of $388k against liabilities of $4,631, net assets of $383k. It reported 17 employees.