Monument Academy Building Corporation

Analysis

Monument Academy Building Corporation is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Monument Academy Building Corporation reported income of $1.0m and spending of $841k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $952k to $1.0m (+5.3%), an average of +1.0% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monument Academy Building Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Dream Center Academy Christian School Inc ($1.0m), District of Columbia School of Law Foundation ($1.0m) and Berkshire Waldorf High School Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $10.7m against liabilities of $11.1m, net assets of -$379k.