Monadnock Development Services Region V Area Agency

Analysis

Monadnock Development Services Region V Area Agency is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monadnock Development Services Region V Area Agency reported income of $38.8m and spending of $38.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $32.9m to $38.8m (+18%), an average of +5.7% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monadnock Development Services Region V Area Agency sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NH. Charities of a similar size with the same main cause include Echoing Hills Village Inc ($38.8m), Carole Robertson Center for Learning ($38.8m) and Catholic Charities of Southern Nevada ($38.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $165k (0.4% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $8.3m against liabilities of $4.0m, net assets of $4.3m. It reported 308 employees.