Monarch Montessori School

Analysis

Monarch Montessori School is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2019, 7 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 August 2023, Monarch Montessori School reported income of $232k and spending of $266k, spending 114% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $256k to $232k (-9.3%), an average of -9.3% a year. 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, Monarch Montessori School sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Friends of the Chilmark Pre-School Inc ($232k), Friends of Onancock School ($232k) and Wilson Education Foundation ($232k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $48k (18% of expenses). Other salaries and wages came to $59k. At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 3 employees.