Hayward Twin Oaks Montessori School

Analysis

Hayward Twin Oaks Montessori School is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in September 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, Hayward Twin Oaks Montessori School reported income of $8.1m and spending of $9.3m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $8.1m (+191%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 148%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hayward Twin Oaks Montessori School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Glen Urquhart School Inc ($8.1m), Greenwood Christian Academy Inc ($8.1m) and Seattle Christian School Assn Inc ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $149k (1.6% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $22.4m against liabilities of $22.3m, net assets of $155k. It reported 95 employees.