Monomy Comunity Services

Analysis

Monomy Comunity Services is a registered charity in United States, based in Chatham, MA. It received its IRS tax-exemption ruling in May 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2022, Monomy Comunity Services reported income of $731k and spending of $555k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $560k to $731k (+30%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monomy Comunity Services sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include California Youth Services ($731k), Disabled Citizens Foundation ($731k) and Kellyn Foundation ($730k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 44% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $89k (16% of expenses). Other salaries and wages came to $131k. At year end it held assets of $935k against liabilities of $15k, net assets of $920k. It reported 9 employees.