Sierra Nevada Montessori School

Analysis

Sierra Nevada Montessori School is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in February 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 2024, Sierra Nevada Montessori School reported income of $3.2m and spending of $3.1m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 18%. 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, Sierra Nevada Montessori 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 91st percentile within NV. Charities of a similar size with the same main cause include Rewriting the Code Inc ($3.2m), Cahn Fellows Programs Corporation ($3.2m) and American Academy of Art Inc ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $432k (14% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.9m against liabilities of $2.6m, net assets of $1.3m. It reported 56 employees.