Monarch Academy Baltimore Campus Inc

Analysis

Monarch Academy Baltimore Campus Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monarch Academy Baltimore Campus Inc reported income of $874k and spending of $889k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.0m to $874k (-90%), an average of -44% a year. The sharpest change came in the year to June 2022, when income rose by 761%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch Academy Baltimore Campus Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Independent School Alliance for Minority Affairs ($874k), KCM Kidz ($874k) and Muscatine Community College Foundation ($874k).

At year end it held assets of $10.7m against liabilities of $12.2m, net assets of -$1.6m.