Salado Montessori Inc

Analysis

Salado Montessori Inc is a registered charity in United States, based in Salado, TX. It received its IRS tax-exemption ruling in May 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 December 2023, Salado Montessori Inc reported income of $151k and spending of $144k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $151k (+4.4%), an average of +4.4% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salado Montessori Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Dacula High School Touchdown Club Inc ($151k), Fairborn Preschool and Daycare ($151k) and Mokelumne Hill Friends of the Library Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $41k against liabilities of $52k, net assets of -$10k.