Salida Montessori Charter School Inc

Analysis

Salida Montessori Charter School Inc is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in June 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, Salida Montessori Charter School Inc reported income of $2.2m and spending of $1.8m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $2.2m (+96%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salida Montessori Charter School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Mesivta of Greater Los Angeles ($2.2m), Aseltine School ($2.2m) and Crestone Charter School ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $66k (3.7% of expenses). Other salaries and wages came to $897k. At year end it held assets of $1.8m against liabilities of $2.2m, net assets of -$438k. It reported 38 employees.