Kinderhaus Montessori Preschool of Marshall

Analysis

Kinderhaus Montessori Preschool of Marshall is a registered charity in United States, based in Marshall, MI. It received its IRS tax-exemption ruling in May 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 June 2023, Kinderhaus Montessori Preschool of Marshall reported income of $1.1m and spending of $985k, spending 88% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $365k to $1.1m (+205%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 305%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kinderhaus Montessori Preschool of Marshall sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include University of Maine School of Law Foundation ($1.1m), Friends of Levitt Shell Sioux Falls Inc ($1.1m) and Behind the Book Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $170k (17% of expenses). Other salaries and wages came to $546k. At year end it held assets of $793k against liabilities of $336k, net assets of $457k. It reported 45 employees.