Hawaii Montessori Inc

Analysis

Hawaii Montessori Inc is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in June 1982, 44 years ago. 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 2023, Hawaii Montessori Inc reported income of $867k and spending of $720k, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $777k to $867k (+12%), an average of +2.8% a year. The sharpest change came in the year to July 2023, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawaii Montessori Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Lake County Developmental Achievement Center Inc ($867k), Georgia Tech Christian Campus Fellowship Inc ($867k) and Tracy Interfaith Ministries ($867k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Other salaries and wages came to $495k. At year end it held assets of $744k against liabilities of $267k, net assets of $477k. It reported 20 employees.