Northeast Iowa Montessori School Inc

Analysis

Northeast Iowa Montessori School Inc is a registered charity in United States, based in Decorah, IA. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, Northeast Iowa Montessori School Inc reported income of $249k and spending of $332k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $249k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. 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, Northeast Iowa Montessori School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Middleburgh Library Assoc ($249k), Uplift Literacy Inc ($249k) and Padre Pio Learning Center ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $37k (11% of expenses). Other salaries and wages came to $189k. At year end it held assets of $516k against liabilities of $420k, net assets of $96k. It reported 12 employees.