Monadnock Family Services

Analysis

Monadnock Family Services is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in February 1945, 81 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 Family Services reported income of $15.2m and spending of $14.7m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.9m to $15.2m (+18%), an average of +5.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monadnock Family Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NH. Charities of a similar size with the same main cause include Our Daily Bread of Tennessee Inc ($15.2m), Ascend Clinical Services ($15.3m) and Scott-Carver-Dakota Cap Agency Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $679k (4.6% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $6.7m against liabilities of $3.0m, net assets of $3.7m. It reported 229 employees.