Cottonwood Montessori School
Analysis
Cottonwood Montessori School is a registered charity in United States, based in Corrales, NM. It received its IRS tax-exemption ruling in July 1999, 27 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 2023, Cottonwood Montessori School reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.4m to $1.7m (+19%), an average of +4.4% a year. The sharpest change came in the year to May 2022, when income rose by 66%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Cottonwood Montessori School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NM. Charities of a similar size with the same main cause include Mujeres Unidas Avanzando Inc ($1.7m), Protection of the Educational Rights of Kids ($1.7m) and Living Faith Academy ($1.7m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.5m against liabilities of $2.3m, net assets of $266k. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 98%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mujeres Unidas Avanzando Inc | Dorchester | $1.7m |
| Protection of the Educational Rights of Kids | Newbury Park | $1.7m |
| Living Faith Academy | Daytona Beach | $1.7m |
| Penimi Inc | Brooklyn | $1.7m |