Monarch Montessori of Denver Charter School
Analysis
Monarch Montessori of Denver Charter School is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2013, 13 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 Charter School reported income of $4.6m and spending of $4.5m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.8m to $4.6m (+65%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 97% 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 Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Edvestors Inc ($4.6m), Oregon State University Alumni Association Inc O S U ($4.6m) and Council for Aid to Education Inc ($4.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 84% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $12.3m against liabilities of $10.1m, net assets of $2.2m. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 84%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Edvestors Inc | Boston | $4.6m |
| Oregon State University Alumni Association Inc O S U | Corvallis | $4.6m |
| Council for Aid to Education Inc | New York | $4.6m |
| Steam Academy of Warren | Warren | $4.6m |