Queen City Montessori
Analysis
Queen City Montessori is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 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 2024, Queen City Montessori reported income of $162k and spending of $156k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $154k to $162k (+5.5%), an average of +5.5% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Queen City Montessori sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Libros for Kids Inc ($162k), Youth with a Mission Ventura-Global Strategic Initiatives ($162k) and Compass Athletic Booster Club ($162k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. At year end it held assets of $76k against liabilities of $13k, net assets of $63k.
Income and spending
Where the income comes from
- Contributions & grants 2.5%
- Program services 97%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Libros for Kids Inc | Albuquerque | $162k |
| Youth with a Mission Ventura-Global Strategic Initiatives | Ventura | $162k |
| Compass Athletic Booster Club | Odessa | $162k |
| West End Library Inc | Laurelton | $162k |