Pride in Learning Montessori Lake Merritt

Analysis

Pride in Learning Montessori Lake Merritt is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pride in Learning Montessori Lake Merritt reported income of $576k and spending of $575k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $281k to $576k (+105%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pride in Learning Montessori Lake Merritt sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Clothing Bank of Norwalk Ohio ($575k), St Stephens Child Care Inc ($576k) and Million Meal Movement Inc ($575k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $362k. At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 8 employees.