Montessori Elementary at Highland Park

Analysis

Montessori Elementary at Highland Park is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in October 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 June 2023, Montessori Elementary at Highland Park reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $3.6m to $3.8m (+5.8%), an average of +5.8% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Elementary at Highland Park sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Midlands Technical College Foundation Inc ($3.8m), Hope Academy Northwest Campus ($3.8m) and Columbia Day Care Program Incorporated ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $1.7m against liabilities of $196k, net assets of $1.5m. It reported 69 employees.