Miami Jewish Montessori Inc

Analysis

Miami Jewish Montessori Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2019, 7 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, Miami Jewish Montessori Inc reported income of $619k and spending of $899k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $607k to $619k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miami Jewish Montessori 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 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Warren-Forest Higher Education Council Inc ($619k), Nova Workforce Institute of Northeast Louisiana Inc ($619k) and St Marys Early Learning Academy ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $48k (5.3% of expenses). Other salaries and wages came to $56k. At year end it held assets of $255k against liabilities of $504k, net assets of -$249k. It reported 19 employees.