Montrose Minute Men Inc

Analysis

Montrose Minute Men Inc is a registered charity in United States, based in Montrose, PA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Montrose Minute Men Inc reported income of $1.1m and spending of $960k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $940k to $1.1m (+13%), an average of +3.0% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montrose Minute Men Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include University Life-Care Center Inc ($1.1m), Northern Tier Regional Library Association ($1.1m) and Camp Juliette Low Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $522k. At year end it held assets of $1.6m against liabilities of $318k, net assets of $1.3m. It reported 24 employees.