The Education Foundation of the Monroe Public Schools

Analysis

The Education Foundation of the Monroe Public Schools is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2023, The Education Foundation of the Monroe Public Schools reported income of $109k and spending of $92k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $87k to $109k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income dropped by 103%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Education Foundation of the Monroe Public Schools sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Towson High School Alumni Association Inc ($109k), Lakota West Upbeat Club Inc ($109k) and CCSC Inc ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $1.7m against liabilities of $90, net assets of $1.7m.