Durango Montessori Inc

Analysis

Durango Montessori Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, Durango Montessori Inc reported income of $389k and spending of $446k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $389k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Durango Montessori Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Global Risk Management Institute Inc ($389k), Excellent Covenant Christian Academy Inc ($389k) and Girls Education Fund Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 91% of the total. Other salaries and wages came to $304k. At year end it held assets of $107k against liabilities of $1,371, net assets of $106k. It reported 10 employees.