Monarch Academy Public Charter School Inc

Analysis

Monarch Academy Public Charter School Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monarch Academy Public Charter School Inc reported income of $33.2m and spending of $36.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.9m to $33.2m (+15%), an average of +3.5% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch Academy Public Charter School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Carlos Rosario International Public Charter School ($33.1m), Carmen High School of Science and Technology Inc ($33.2m) and Trustees of Thornton Academy ($33.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $44.5m against liabilities of $40.6m, net assets of $3.9m.