Rising Sun Montessori School

Analysis

Rising Sun Montessori School is a registered charity in United States, based in El Dorado HLS, CA. It received its IRS tax-exemption ruling in October 2014, 12 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, Rising Sun Montessori School reported income of $2.0m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.0m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rising Sun Montessori School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Heritage Christian Academy ($1.9m), Crystal Lake Montessori School ($2.0m) and Walton Academy for the Performing Arts ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $125k (6.0% of expenses). Other salaries and wages came to $914k. At year end it held assets of $2.1m against liabilities of $1.8m, net assets of $261k. It reported 32 employees.