Foundation for Montessori Education Inc

Analysis

Foundation for Montessori Education Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1986, 40 years ago. 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, Foundation for Montessori Education Inc reported income of $113k and spending of $31k, leaving 73% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 401%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Montessori Education Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within AZ. Charities of a similar size with the same main cause include Fellowship Benevolent Corporation ($113k), Port Alsworth Improvement Corporation ($113k) and Eritrean American Civic Association Center Inc ($113k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.