Montessori Education Centre-Charter School

Analysis

Montessori Education Centre-Charter School is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in May 1998, 28 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, Montessori Education Centre-Charter School reported income of $4.9m and spending of $4.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.9m (+32%), an average of +7.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Education Centre-Charter School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Uw-Whitewater Foundation Inc ($4.9m), The Santa Monica College Foundation ($4.9m) and Wisconsin Association of Independent Colleges and Universit ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $188k (4.2% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $1.6m against liabilities of $939k, net assets of $695k. It reported 134 employees.