Hope Montessori Academy

Analysis

Hope Montessori Academy is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 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 June 2023, Hope Montessori Academy reported income of $12.7m and spending of $12.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.9m to $12.7m (-1.7%), an average of -0.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Montessori Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Park Day School Corporation ($12.7m), Literacy Leadership Technology Academy ($12.7m) and Charter High School for Law and Social Justice ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $543k (4.2% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $730k against liabilities of $1.8m, net assets of -$1.1m. It reported 355 employees.