Washington Montessori Institute Inc

Analysis

Washington Montessori Institute Inc is a registered charity in United States, based in Riverdale PK, MD. It received its IRS tax-exemption ruling in December 2019, 7 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 December 2023, Washington Montessori Institute Inc reported income of $616k and spending of $869k, spending 141% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $239k to $616k (+157%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Montessori Institute 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 72nd percentile within MD. Charities of a similar size with the same main cause include Childrens Garden Montessori ($616k), New Castle Library Commission ($616k) and Vine Academy Inc ($616k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Other salaries and wages came to $450k. At year end it held assets of $345k against liabilities of $416k, net assets of -$71k. It reported 9 employees.