Monument Square District Inc

Analysis

Monument Square District Inc is a registered charity in United States, based in Urbana, OH. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Monument Square District Inc reported income of $55k and spending of $52k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $55k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Monument Square District Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Rock Hill Sports Commission ($55k), Chebeague Island Community Association ($55k) and Rotary Foundation of New Albany Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.