Discovery Montessori Early Learning Center Inc

Analysis

Discovery Montessori Early Learning Center Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 1977, 49 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, Discovery Montessori Early Learning Center Inc reported income of $385k and spending of $351k, spending 91% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $326k to $385k (+18%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Montessori Early Learning Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include E320 Project ($385k), The Lab School ($385k) and Ohio Mayors Alliance Foundation ($385k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $152k. At year end it held assets of $238k against liabilities of $0, net assets of $238k. It reported 9 employees.