Monida Healthcare Network Resources

Analysis

Monida Healthcare Network Resources is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Monida Healthcare Network Resources reported income of $495k and spending of $622k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $620k to $495k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monida Healthcare Network Resources sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Central Texas Trauma Council ($495k), Western Missouri Medical Center Foundation ($495k) and Sheridan Hill House Corporation ($495k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $99k (16% of expenses). At year end it held assets of $994k against liabilities of $1.1m, net assets of -$122k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.