Midland Montessori School Inc

Analysis

Midland Montessori School Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 2000, 26 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, Midland Montessori School Inc reported income of $1.5m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.5m to $1.5m (-2.0%), an average of -0.5% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midland Montessori School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Eldredge Public Library ($1.5m), K and N Learning Centers Inc ($1.5m) and East Bay Consortium of Educational Institutions ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $102k (7.5% of expenses). Other salaries and wages came to $916k. At year end it held assets of $2.5m against liabilities of $585k, net assets of $2.0m. It reported 35 employees.