Sungarden Montessori Center Inc

Analysis

Sungarden Montessori Center Inc is a registered charity in United States, based in West Linn, OR. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Sungarden Montessori Center Inc reported income of $744k and spending of $743k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $601k to $744k (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 703%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sungarden Montessori Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Spartanburg County Historical Association Incorporated ($744k), Cornerstone Christian School Inc ($744k) and United Way of Sandusky County Inc ($744k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $66k (8.9% of expenses). Other salaries and wages came to $456k. At year end it held assets of $523k against liabilities of $48k, net assets of $475k. It reported 20 employees.