Fairbanks Montessori Association Inc

Analysis

Fairbanks Montessori Association Inc is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in May 1972, 54 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 May 2024, Fairbanks Montessori Association Inc reported income of $975k and spending of $1.1m, spending 108% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $911k to $975k (+7.0%), an average of +1.4% a year. The sharpest change came in the year to May 2023, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairbanks Montessori Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within AK. Charities of a similar size with the same main cause include Little Gems of the Sierra Preschool Inc ($975k), Al-Rasheed Academy ($975k) and American Philatelic Research Library ($975k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $76k (7.2% of expenses). At year end it held assets of $1.5m against liabilities of $14k, net assets of $1.5m. It reported 38 employees.