Cedar Valley Montessori School Inc
Analysis
Cedar Valley Montessori School Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in April 1971, 55 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 August 2023, Cedar Valley Montessori School Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $962k to $1.2m (+20%), an average of +6.3% a year. The sharpest change came in the year to August 2021, when income rose by 35%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cedar Valley Montessori School Inc 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 83rd percentile within IA. Charities of a similar size with the same main cause include Tcaabc ($1.2m), Flywheel Fund for Career Choice ($1.2m) and Step Up Schools Inc ($1.2m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $67k (5.7% of expenses). Other salaries and wages came to $692k. At year end it held assets of $1.0m against liabilities of $57k, net assets of $949k. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.7%
- Program services 94%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tcaabc | Saint Paul | $1.2m |
| Flywheel Fund for Career Choice | Petaluma | $1.2m |
| Step Up Schools Inc | Gilbert | $1.2m |
| Raising Expectations Inc | Atlanta | $1.2m |