Little Explorers Montessori School

Analysis

Little Explorers Montessori School is a registered charity in United States, based in Romeoville, IL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Little Explorers Montessori School reported income of $372k and spending of $341k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $293k to $372k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Explorers Montessori School sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include U City in Bloom ($372k), Cone Health Philanthropic Foundation ($372k) and Renew America Together Inc ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $173k. At year end it held assets of $43k against liabilities of $83k, net assets of -$40k. It reported 22 employees.