Sankofa Montessori

Analysis

Sankofa Montessori is a registered charity in United States, based in Forest Park, GA. It received its IRS tax-exemption ruling in August 2022, 4 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 2024, Sankofa Montessori reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $215k to $2.6m (+1108%), an average of +248% a year. The sharpest change came in the year to June 2024, when income rose by 375%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sankofa Montessori sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include One in Long Beach Inc ($2.6m), California Association of Independent Schools Inc ($2.6m) and Security Council Report Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $13.6m against liabilities of $13.5m, net assets of $192k. It reported 17 employees.