Monona Grove Education Foundation Inc

Analysis

Monona Grove Education Foundation Inc is a registered charity in United States, based in Monona, WI. It received its IRS tax-exemption ruling in December 1995, 31 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, Monona Grove Education Foundation Inc reported income of $114k and spending of $112k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $41k to $114k (+179%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monona Grove Education Foundation Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Dunstan Wai Memorial Charitable Foundation Inc ($114k), River Falls Wildcat Band Boosters Inc ($114k) and Pcar Foundation Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.2m against liabilities of $650k, net assets of $528k.