Montessori Academy of Colorado

Analysis

Montessori Academy of Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Montessori Academy of Colorado reported income of $7.4m and spending of $6.9m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.0m to $7.4m (+47%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montessori Academy of Colorado sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Coastal Child Nutrition Services ($7.4m), Northern California Youth and Family Program ($7.4m) and Kent Center Inc ($7.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $15.2m against liabilities of $12.4m, net assets of $2.8m. It reported 137 employees.