Bright Stars Montessori

Analysis

Bright Stars Montessori is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Bright Stars Montessori reported income of $925k and spending of $964k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $925k (+247%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bright Stars Montessori sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include International Consortium of Universities for Drug Demand Reduc ($925k), Wild Rose Montessori School Inc ($925k) and Discovery Public School of Faribault ($924k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $360k (37% of expenses). Other salaries and wages came to $330k. At year end it held assets of $368k against liabilities of $0, net assets of $368k. It reported 16 employees.