Scripps Montessori Schools Inc

Analysis

Scripps Montessori Schools Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 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 July 2024, Scripps Montessori Schools Inc reported income of $1.7m and spending of $1.8m, spending 102% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.3m to $1.7m (+33%), an average of +5.8% a year. The sharpest change came in the year to July 2022, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scripps Montessori Schools Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Alaska Library Network ($1.7m), The Peak School ($1.7m) and Hennepin Technical College Foundation ($1.7m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $196k (11% of expenses). Other salaries and wages came to $962k. At year end it held assets of $250k against liabilities of $452k, net assets of -$202k. It reported 30 employees.