Montessori in Redlands Inc

Analysis

Montessori in Redlands Inc is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in February 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 2023, Montessori in Redlands Inc reported income of $5.2m and spending of $5.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $5.2m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori in Redlands Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Greenville Presbyterian Theological Seminary ($5.2m), Renaissance Learning Academy Inc ($5.2m) and New England Commission of Higher Education Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $240k (4.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.8m against liabilities of $3.5m, net assets of $2.3m. It reported 86 employees.