CDS Monarch Inc

Analysis

CDS Monarch Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in January 1978, 48 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 December 2023, CDS Monarch Inc reported income of $54.7m and spending of $54.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $49.0m to $54.7m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CDS Monarch Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Road to Responsibility Inc ($54.6m), The Food Bank for Central & Northeast Missouri Inc ($54.8m) and Climate Breakthrough Inc ($54.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 95% of the total. Other salaries and wages came to $23.6m. At year end it held assets of $45.7m against liabilities of $13.2m, net assets of $32.5m. It reported 741 employees.