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Monadnock Collaborative

RegisteredEIN 02-0526791Keene, NHEducation and training
Income$3.6m2024-06
Spending$3.3msame year
Spent / received93%5-year average
Size in its cause87th pctEducation and training
Exempt since2016Publicly supported organisat
Employees92latest return

Analysis

Monadnock Collaborative is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Monadnock Collaborative reported income of $3.6m and spending of $3.3m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $3.6m (+130%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monadnock Collaborative sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Damar Charter School Inc ($3.6m), Tecnologico de Monterrey Foundation ($3.6m) and Arc of Greater New Haven Inc ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $2.1m against liabilities of $638k, net assets of $1.5m. It reported 92 employees.

Income and spending

$0$912k$1.8m$2.7m$3.6m2020 Income: $1,582,5832020 Spending: $1,469,49620202021 Income: $1,994,5752021 Spending: $1,923,47620212022 Income: $2,524,4402022 Spending: $2,259,17920222023 Income: $2,592,5852023 Spending: $2,471,21820232024 Income: $3,647,3832024 Spending: $3,300,6672024
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 5.9%

Similar-sized charities, same cause

CharityLocationIncome
Damar Charter School IncIndianapolis$3.6m
Tecnologico de Monterrey FoundationMiami$3.6m
Arc of Greater New Haven IncHamden$3.6m
Northern Summit AcademyAnderson$3.6m