Azalea City Montessori Cooperative

Analysis

Azalea City Montessori Cooperative is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in September 2022, 4 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 September 2023, Azalea City Montessori Cooperative reported income of $439k and spending of $347k, leaving 21% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $280k to $439k (+57%), an average of +57% a year. The sharpest change came in the year to September 2023, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Azalea City Montessori Cooperative sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include E3 Educate-Empower-Elevate ($439k), Marshall County LLN Inc ($439k) and Rural Education Action Project ($439k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $58k (17% of expenses). Other salaries and wages came to $117k. At year end it held assets of $164k against liabilities of $56k, net assets of $108k. It reported 10 employees.