Riverrun Community Montessori

Analysis

Riverrun Community Montessori is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in July 2009, 17 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, Riverrun Community Montessori reported income of $324k and spending of $374k, spending 116% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $171k to $324k (+89%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverrun Community Montessori sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Philadelphia Learning Collaborative ($324k), Student Government Organization Agricultural & Technical College S ($324k) and Democracy Earth Foundation ($323k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $35k (9.4% of expenses). Other salaries and wages came to $140k. At year end it held assets of $41k against liabilities of $0, net assets of $41k. It reported 8 employees.