East Lake Montessori

Analysis

East Lake Montessori is a registered charity in United States, based in Chattanooga, TN. 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, East Lake Montessori reported income of $332k and spending of $328k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $275k to $332k (+20%), an average of +9.8% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Lake Montessori sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Bridge City Band Boosters ($332k), Jewish Wisdom Foundation ($332k) and Bridgerland Technical College Continuing Education Foundation ($332k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. Other salaries and wages came to $254k. At year end it held assets of $351k against liabilities of $251k, net assets of $99k. It reported 19 employees.