Cedar River Montessori School

Analysis

Cedar River Montessori School is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in January 1991, 35 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 August 2023, Cedar River Montessori School reported income of $2.6m and spending of $2.8m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.9m to $2.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2022, when income rose by 50%. 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, Cedar River Montessori School 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 89th percentile within WA. Charities of a similar size with the same main cause include Frontier School of the Bible ($2.6m), Playgroup ($2.6m) and American Association of Service Coo Rdinators ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $119k (4.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.8m against liabilities of $724k, net assets of $1.1m. It reported 45 employees.