Montessori Discovery of the Child Foundation Inc

Analysis

Montessori Discovery of the Child Foundation Inc is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Montessori Discovery of the Child Foundation Inc reported income of $3.0m and spending of $991k, leaving 67% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $3.0m (+130%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 57%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montessori Discovery of the Child Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Rise Economy ($3.0m), Ayurvedic Institute ($3.0m) and California Youth Connection ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (11% of expenses). Other salaries and wages came to $383k. At year end it held assets of $6.8m against liabilities of $5,389, net assets of $6.8m. It reported 27 employees.