Montessori Regional Charter School

Analysis

Montessori Regional Charter School is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in April 2004, 22 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 Regional Charter School reported income of $9.2m and spending of $7.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $9.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Regional Charter School 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 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include New Opportunities Organization ($9.2m), Larc School Inc ($9.2m) and Storefront Academy Charter School South Bronx ($9.2m).

On its Form 990 for the period ending June 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 $174k (2.2% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $12.8m against liabilities of $14.8m, net assets of -$2.0m. It reported 100 employees.