South Coast Montessori

Analysis

South Coast Montessori is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in June 2017, 9 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, South Coast Montessori reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Coast Montessori sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Soar Foundation ($1.7m), Foothill High School Super Boosters Club ($1.7m) and St Augustine School ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $208k (12% of expenses). Other salaries and wages came to $956k. At year end it held assets of $503k against liabilities of $58k, net assets of $445k. It reported 36 employees.