Monitors Foundation

Analysis

Monitors Foundation is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Monitors Foundation reported income of $67k and spending of $80k, spending 120% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $83k to $67k (-19%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Monitors Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Daniel and Francine Scintofoundation ($67k), Meb2 Foundation Inc ($67k) and Geneseo Soccer Club ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 129% of the total. At year end it held assets of $715k against liabilities of $0, net assets of $715k.