Morning Glory Montessori School
Analysis
Morning Glory Montessori School is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in October 1981, 45 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 December 2023, Morning Glory Montessori School reported income of $400k and spending of $442k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $404k to $400k (-1.1%), an average of -0.3% a year. 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, Morning Glory Montessori School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Penfeld Village Nursery School ($400k), Anoka Hennepin Educational Foundation Incorporated ($400k) and Inspiring Minds ($400k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $199k (45% of expenses). Other salaries and wages came to $128k. At year end it held assets of $196k against liabilities of $0, net assets of $196k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.0%
- Program services 98%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Penfeld Village Nursery School | Penfield | $400k |
| Anoka Hennepin Educational Foundation Incorporated | Anoka | $400k |
| Inspiring Minds | Bismarck | $400k |
| Animas High School Building Corporation | Durango | $400k |