Montessori of Maui Inc

Analysis

Montessori of Maui Inc is a registered charity in United States, based in Makawao, HI. It received its IRS tax-exemption ruling in March 1984, 42 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 2023, Montessori of Maui Inc reported income of $5.1m and spending of $4.0m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.1m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori of Maui Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within HI. Charities of a similar size with the same main cause include Esf II Inc ($5.1m), Nashua Adult Learning Center Inc ($5.1m) and Georgia Charter Schools Association Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $387k (9.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $14.2m against liabilities of $4.1m, net assets of $10.2m. It reported 66 employees.