Elmhurst Montessori Preschool Inc
Analysis
Elmhurst Montessori Preschool Inc is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in July 2020, 6 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, Elmhurst Montessori Preschool Inc reported income of $437k and spending of $412k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $280k to $437k (+56%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Elmhurst Montessori Preschool Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Filipino School ($437k), Newport Public Education Foundation ($437k) and Kauluwao Inc ($437k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $214k (52% of expenses). Other salaries and wages came to $95k. At year end it held assets of $154k against liabilities of $0, net assets of $154k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Filipino School | Del Mar | $437k |
| Newport Public Education Foundation | Newport | $437k |
| Kauluwao Inc | Hilo | $437k |
| Kut Different | Ocala | $437k |