Utica Monday Nite Corporation

Analysis

Utica Monday Nite Corporation is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Utica Monday Nite Corporation reported income of $97k and spending of $85k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $97k (+2.5%), an average of +2.5% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Utica Monday Nite Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Montgomery County Veterans Coalition ($97k), Schmidt Community Fund ($97k) and Escuela Adelante ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $23k against liabilities of $3,820, net assets of $19k.