Monell Engine Company

Analysis

Monell Engine Company is a registered charity in United States, based in Washingtonvle, NY. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Monell Engine Company reported income of $202k and spending of $267k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $202k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 113% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Monell Engine Company sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Hixton Volunteer Fire Department ($202k), California Conference of Arson Investigators Educational and ($202k) and Garretson Volunteer Fire Department ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $185k against liabilities of $108k, net assets of $76k.