St Monicas Montessori Inc

Analysis

St Monicas Montessori Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in December 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 July 2024, St Monicas Montessori Inc reported income of $370k and spending of $356k, spending 96% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $313k to $370k (+18%), an average of +18% a year. The sharpest change came in the year to July 2024, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Monicas Montessori Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within ND. Charities of a similar size with the same main cause include Dominion Equippers Inc ($370k), Challenger Learning Center of Arizona ($370k) and Entrepreneurship Foundation Inc ($370k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (22% of expenses). Other salaries and wages came to $116k. At year end it held assets of $1.6m against liabilities of $1.5m, net assets of $86k. It reported 8 employees.