Harmony Montessori School

Analysis

Harmony Montessori School is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1996, 30 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, Harmony Montessori School reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.4m to $1.8m (+26%), an average of +4.8% a year. The sharpest change came in the year to July 2024, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harmony Montessori School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Harvard Debate Incorporated ($1.8m), Arab Student Aid Internationalcorporation ($1.8m) and Community After School Inc ($1.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $115k (6.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.9m against liabilities of $1.8m, net assets of $1.1m. It reported 33 employees.