High Desert Montessori Charter School

Analysis

High Desert Montessori Charter School is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 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, High Desert Montessori Charter School reported income of $4.8m and spending of $5.9m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Desert Montessori 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 94th percentile within NV. Charities of a similar size with the same main cause include Taylors Crossing Public Charter School ($4.8m), Muskegon Christian School ($4.8m) and Academy of Greatness & Excellence ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $185k (3.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $17.7m against liabilities of $18.5m, net assets of -$778k.