Monarch Montessori of Denver First Steps

Analysis

Monarch Montessori of Denver First Steps is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2011, 15 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 2024, Monarch Montessori of Denver First Steps reported income of $3.1m and spending of $2.9m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $3.1m (+49%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch Montessori of Denver First Steps sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Campus Compact ($3.1m), Project Ready ($3.1m) and Axis ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 72% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.0m against liabilities of $291k, net assets of $1.7m. It reported 97 employees.