Montessori Child Development Centers of California Inc

Analysis

Montessori Child Development Centers of California Inc is a registered charity in United States, based in Poway, CA. It received its IRS tax-exemption ruling in April 1979, 47 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 2024, Montessori Child Development Centers of California Inc reported income of $736k and spending of $671k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $601k to $736k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montessori Child Development Centers of California Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Livemore ($736k), Our Childrens Center ($736k) and Heritage Training and Career Center ($736k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $132k (20% of expenses). Other salaries and wages came to $242k. At year end it held assets of $210k against liabilities of $84k, net assets of $126k. It reported 13 employees.