Monument Hill Foundation

Analysis

Monument Hill Foundation is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Monument Hill Foundation reported income of $182k and spending of $152k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $176k to $182k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Monument Hill Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include MVP Foundation ($182k), Hester J Hodgdon Libraries for All Program ($182k) and Gem Theater Cultural and Performing Arts Center Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $914k against liabilities of $12k, net assets of $902k.