Denver Montessori Society
Analysis
Denver Montessori Society is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1965, 61 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, Denver Montessori Society reported income of $8.8m and spending of $8.5m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.2m to $8.8m (+23%), an average of +7.0% a year. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Denver Montessori Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Scuola Vita Nuova ($8.8m), National Equity Project ($8.8m) and Pennsylvania Academic Library Consortium Inc ($8.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $436k (5.1% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $16.1m against liabilities of $10.2m, net assets of $5.9m. It reported 104 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.7%
- Program services 92%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Scuola Vita Nuova | Kansas City | $8.8m |
| National Equity Project | Oakland | $8.8m |
| Pennsylvania Academic Library Consortium Inc | Drexel Hill | $8.8m |
| Fwdus Education Fund Inc | Washington | $8.8m |