Garfield Montessori School

Analysis

Garfield Montessori School is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1991, 35 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 July 2023, Garfield Montessori School reported income of $639k and spending of $600k, spending 94% of its income. Across the 5 years on record, from April 2020 to July 2023, income grew from $473k to $639k (+35%), an average of +7.8% a year. The sharpest change came in the year to July 2022, when income rose by 327%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garfield Montessori School sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Shawnigan USA Fund ($639k), Waimea Country School ($639k) and Mary Lee Johnston Community Learning Center ($638k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $72k (12% of expenses). Other salaries and wages came to $309k. At year end it held assets of $363k against liabilities of $29k, net assets of $333k. It reported 19 employees.