Acorn Montessor Charter School Inc

Analysis

Acorn Montessor Charter School Inc is a registered charity in United States, based in Prescott Vly, AZ. It received its IRS tax-exemption ruling in September 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, Acorn Montessor Charter School Inc reported income of $6.2m and spending of $5.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $6.2m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Acorn Montessor Charter School Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Menlo Park-Atherton Education Foundation ($6.2m), Florida Southwestern State College Foundation Inc ($6.2m) and University of Arizona Applied Research Corporation ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $100k (1.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $6.6m against liabilities of $2.0m, net assets of $4.7m. It reported 102 employees.