Redwood Coast Montessori

Analysis

Redwood Coast Montessori is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, Redwood Coast Montessori reported income of $3.2m and spending of $3.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 30%. 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, Redwood Coast Montessori 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 CA. Charities of a similar size with the same main cause include Braintree After School Enrichment Inc B a S E ($3.2m), Fiorello H Laguardia Community College Auxiliary Enterprises Corp ($3.2m) and Kellenberg Shepherds Fund Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $62k (2.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.0m against liabilities of $195k, net assets of $853k.