Great Beginnings Montessori School Inc

Analysis

Great Beginnings Montessori School Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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, Great Beginnings Montessori School Inc reported income of $1.2m and spending of $795k, leaving 36% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $646k to $1.2m (+91%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Beginnings 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 81st percentile, and in the 83rd percentile within MT. Charities of a similar size with the same main cause include Pope & Young Club Inc ($1.2m), Rainbows of Learning Inc ($1.2m) and Habitat for Humanity International Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $54k (6.7% of expenses). Other salaries and wages came to $501k. At year end it held assets of $1.4m against liabilities of $191k, net assets of $1.2m. It reported 28 employees.