Keystone Montessori Charter School Inc

Analysis

Keystone Montessori Charter School Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2002, 24 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, Keystone Montessori Charter School Inc reported income of $4.8m and spending of $4.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.8m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 23%. 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, Keystone Montessori Charter School Inc 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 Smart Start of Davidson County Inc ($4.8m), Hand in Hand Christian Montessori Home School Academy ($4.8m) and Haleakala Waldorf School ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $107k (2.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.0m against liabilities of $3.3m, net assets of $1.7m. It reported 58 employees.