LA Crescent Montessori & STEM School

Analysis

LA Crescent Montessori & STEM School is a registered charity in United States, based in LA Crescent, MN. It received its IRS tax-exemption ruling in March 2000, 26 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, LA Crescent Montessori & STEM School reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $895k to $1.2m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Crescent Montessori & STEM School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Vela Institute Inc ($1.2m), Lake County International Charter School ($1.2m) and Center for Courage & Renewal ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $235k (20% of expenses). Other salaries and wages came to $359k. At year end it held assets of $1.9m against liabilities of $2.0m, net assets of -$145k. It reported 31 employees.