Hermosa Montessori Charter School

Analysis

Hermosa Montessori Charter School is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 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 June 2023, Hermosa Montessori Charter School reported income of $3.2m and spending of $2.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hermosa Montessori Charter School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include North Carolina High School for Accelerated Learning - Wake ($3.2m), Cortez Park Charter Middle School Inc ($3.2m) and Covenant Grace Christian Academy Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.5% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $2.3m against liabilities of $91k, net assets of $2.2m. It reported 50 employees.