Monona Serenity Group Incorporated

Analysis

Monona Serenity Group Incorporated is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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 August 2024, Monona Serenity Group Incorporated reported income of $89k and spending of $88k, spending 98% of its income. Across the 3 years on record, from August 2021 to August 2024, income fell from $133k to $89k (-33%), an average of -18% a year. The sharpest change came in the year to August 2023, when income dropped by 44%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monona Serenity Group Incorporated sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Friends of the Polk County Public Library ($89k), Kern Agricultural Foundation ($89k) and Boss Summit ($89k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $289k against liabilities of $235k, net assets of $53k.