Monarch School of New England

Analysis

Monarch School of New England is a registered charity in United States, based in Rochester, NH. It received its IRS tax-exemption ruling in February 1976, 50 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, Monarch School of New England reported income of $9.0m and spending of $9.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $9.0m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch School of New England sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Alabama High School Athletic Association ($9.0m), Choice Regional Health Network ($9.0m) and Kershaw County Public Schools Foundation ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $160k (1.8% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $7.3m against liabilities of $1.9m, net assets of $5.4m. It reported 157 employees.