Opus Montessori School Inc

Analysis

Opus Montessori School Inc is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opus Montessori School Inc reported income of $692k and spending of $618k, spending 89% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $9,765 to $692k (+6988%), an average of +314% a year. The sharpest change came in the year to December 2021, when income rose by 4009%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opus Montessori School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include GNC Live Well Foundation ($692k), Native Womens Society of the Great Plains Reclaiming Our Sacredness ($692k) and El Centro de Las Americas ($692k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $141k (23% of expenses). Other salaries and wages came to $240k. At year end it held assets of $235k against liabilities of $91k, net assets of $143k. It reported 16 employees.