Monique Inc

Analysis

Monique Inc is a registered charity in United States, based in Honesdale, PA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Monique Inc reported income of $4.8m and spending of $2.3m, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.8m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 504%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monique Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Irene Wortham Center Inc ($4.8m), Your Health Clinic ($4.8m) and The Masters School Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m.