Morning Glory Montessori

Analysis

Morning Glory Montessori is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2021, 5 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, Morning Glory Montessori reported income of $271k and spending of $573k, spending 211% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $258k to $271k (+5.0%), an average of +5.0% a year. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morning Glory Montessori sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Waugh Invests in Student Excellence Education Foundation Inc ($271k), Northville Educational Foundation ($271k) and Ace Mentor Program of America Inc ($271k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $14k, net assets of $9,763.