Monteverde School Inc
Analysis
Monteverde School Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in January 1994, 32 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 August 2023, Monteverde School Inc reported income of $796k and spending of $712k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $598k to $796k (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2021, when income rose by 17%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monteverde School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include New Detroit Inc ($796k), The Friendly Kitchen Inc ($796k) and Impactphl ($796k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. Other salaries and wages came to $456k. At year end it held assets of $577k against liabilities of $3,550, net assets of $574k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.6%
- Program services 91%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Detroit Inc | Detroit | $796k |
| The Friendly Kitchen Inc | Concord | $796k |
| Impactphl | Philadelphia | $796k |
| Houses of Light LLC | Tucker | $796k |