Khalsa Montessori Primary School

Analysis

Khalsa Montessori Primary School is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2010, 16 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, Khalsa Montessori Primary School reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Khalsa Montessori Primary School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within AZ. Charities of a similar size with the same main cause include Hillsboro Christian Academy ($1.6m), Institute for Clinical Social Work ($1.6m) and Horizon Science Academy Twin Cities ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $93k (6.8% of expenses). Other salaries and wages came to $769k. At year end it held assets of $863k against liabilities of $0, net assets of $863k. It reported 45 employees.