Monumental Development Center

Analysis

Monumental Development Center is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Monumental Development Center reported income of $189k and spending of $189k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $189k (-4.9%), an average of -4.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monumental Development Center sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Homes Anew I Ltd ($189k), St Marks Community Day Care Centerinc ($189k) and House Cafe Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.