Corvallis Montessori Society Inc

Analysis

Corvallis Montessori Society Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in March 1969, 57 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, Corvallis Montessori Society Inc reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $974k to $1.2m (+28%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corvallis Montessori Society Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Raw Inspiration Inc ($1.2m), Laramie Child Development Corporation ($1.2m) and Flushing Christian Day School ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (8.9% of expenses). Other salaries and wages came to $590k. At year end it held assets of $1.6m against liabilities of $360k, net assets of $1.3m. It reported 27 employees.