Montessori Education Center of the Rockies Inc

Analysis

Montessori Education Center of the Rockies Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 1981, 45 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 May 2024, Montessori Education Center of the Rockies Inc reported income of $328k and spending of $511k, spending 156% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $683k to $328k (-52%), an average of -17% a year. The sharpest change came in the year to May 2024, when income dropped by 32%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Education Center of the Rockies Inc 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 CO. Charities of a similar size with the same main cause include Club Christ Ministries ($328k), Parent Booster USA Inc ($329k) and Suburban Nursery School Inc ($328k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 1.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $249k (49% of expenses). At year end it held assets of $629k against liabilities of $38k, net assets of $591k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.