Monticello Senior Center

Analysis

Monticello Senior Center is a registered charity in United States, based in Monticello, MN. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Monticello Senior Center reported income of $163k and spending of $167k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $163k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monticello Senior Center sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Westminster Village Foundation ($163k), The Childrens Relief Fund Inc ($163k) and Smith County Senior Citizens Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 39% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.