Monroe County Professional Management Corporation

Analysis

Monroe County Professional Management Corporation is a registered charity in United States, based in Albia, IA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monroe County Professional Management Corporation reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.4m (-15%), an average of -3.8% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe County Professional Management Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Catholic Diocese of Pueblo Foundation Inc ($1.4m), Community Access Incorporated ($1.4m) and The Ashe County Transportation Authority ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $870k. At year end it held assets of $1.7m against liabilities of $87k, net assets of $1.6m. It reported 31 employees.