Oak Knoll Montessori School
Analysis
Oak Knoll Montessori School is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 2000, 26 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, Oak Knoll Montessori School reported income of $2.8m and spending of $2.7m, spending 97% of its income. Across the 5 years on record, from August 2019 to June 2023, income grew from $1.8m to $2.8m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Knoll Montessori School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Valor Education Foundation ($2.8m), Yeshiva Gedola Naos Yaakov Inc ($2.8m) and Oak Grove Classical Academy Inc ($2.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $127k (4.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $862k against liabilities of $315k, net assets of $547k. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 78%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Valor Education Foundation | Austin | $2.8m |
| Yeshiva Gedola Naos Yaakov Inc | Lakewood | $2.8m |
| Oak Grove Classical Academy Inc | Albuquerque | $2.8m |
| Kings Academy Nashville | Nashville | $2.8m |