Creekside Montessori School

Analysis

Creekside Montessori School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Creekside Montessori School reported income of $1.9m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.9m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 40%. 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, Creekside Montessori School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Kraybill Mennonite School Corporation ($1.9m), Collegespring Inc ($1.9m) and Accreditation and Workforce Innovations ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $78k (4.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.1m against liabilities of $319k, net assets of $807k. It reported 45 employees.