Monmouth Academy Trustees of

Analysis

Monmouth Academy Trustees of is a registered charity in United States, based in Falmouth, ME. It received its IRS tax-exemption ruling in July 1962, 64 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending February 2023, Monmouth Academy Trustees of reported income of $61k and spending of $73k, spending 120% of what it took in. Across the 5 years on record, from February 2019 to February 2023, income fell from $129k to $61k (-53%), an average of -17% a year. The sharpest change came in the year to February 2021, when income rose by 110%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monmouth Academy Trustees of sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 17th percentile within ME. Charities of a similar size with the same main cause include Contemporary Handweavers of Houston ($61k), Parachutes for Patriots Corp ($61k) and PTA California Congress of Parents Teachers & Students Inc ($61k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 11% of the total. Compensation of current officers, directors and key employees was $500 (0.7% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.