Grand Lake Montessori

Analysis

Grand Lake Montessori is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 July 2023, Grand Lake Montessori reported income of $2.8m and spending of $3.4m, spending 122% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $4.1m to $2.8m (-32%), an average of -9.1% a year. The sharpest change came in the year to July 2022, when income rose by 47%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grand Lake Montessori sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Edgarton Academy Inc ($2.8m), Working in Support of Education ($2.8m) and Alamo Heights School Foundation ($2.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $318k (9.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.2m against liabilities of $969k, net assets of $2.2m. It reported 33 employees.