Monroe City Sheltered Workshop

Analysis

Monroe City Sheltered Workshop is a registered charity in United States, based in Monroe City, MO. It received its IRS tax-exemption ruling in January 1970, 56 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, Monroe City Sheltered Workshop reported income of $536k and spending of $637k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $536k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe City Sheltered Workshop sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Circle School ($536k), West Hancock County Ambulance Serv Inc ($536k) and Frederick Douglas Community Development Corp ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $418k. At year end it held assets of $1.4m against liabilities of $82k, net assets of $1.3m. It reported 43 employees.