River Montessori Charter School

Analysis

River Montessori Charter School is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in March 2015, 11 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, River Montessori Charter School reported income of $2.2m and spending of $2.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.2m (+9.5%), an average of +2.3% a year. 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, River Montessori Charter School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Royal Ministries Inc ($2.2m), Parnassus Building Company ($2.2m) and Manchester Educational Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $172k (7.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $1.2m, net assets of $725k. It reported 44 employees.