Monticello School District Foundation

Analysis

Monticello School District Foundation is a registered charity in United States, based in Monticello, IA. It received its IRS tax-exemption ruling in September 1988, 38 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 December 2023, Monticello School District Foundation reported income of $133k and spending of $7,144, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $140k to $133k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 17% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monticello School District Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include Little League Baseball Inc ($133k), Sackets Harbor Fire Co Inc ($133k) and Kolbe School of Polish Language ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.