Escuela Del Sol Montessori Inc

Analysis

Escuela Del Sol Montessori Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 1970, 56 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 2023, Escuela Del Sol Montessori Inc reported income of $3.8m and spending of $3.5m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.3m to $3.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to July 2022, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Escuela Del Sol Montessori Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NM. Charities of a similar size with the same main cause include Georgia College & State University Foundation Inc ($3.8m), Nabu Global Inc ($3.8m) and Salem Baptist Christian School ($3.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $102k (2.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.9m against liabilities of $1.6m, net assets of $2.2m. It reported 108 employees.