California Montessori Project

Analysis

California Montessori Project is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in October 2001, 25 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, California Montessori Project reported income of $36.9m and spending of $35.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.5m to $36.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Montessori Project sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Stephen Gaynor School ($36.9m), Lourdes University ($37.0m) and Remington College ($36.9m).

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 $376k (1.1% of expenses). Other salaries and wages came to $21.0m. At year end it held assets of $47.6m against liabilities of $26.1m, net assets of $21.6m. It reported 686 employees.