Monarch School 1625 LLC

Analysis

Monarch School 1625 LLC is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monarch School 1625 LLC reported income of $776k and spending of $1.4m, spending 177% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $776k (-28%), an average of -11% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 146% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch School 1625 LLC sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include The Literacy Alliance Inc ($776k), Three Rivers Area Health Education Center Inc ($776k) and Up with Books Inc ($776k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $18.7m against liabilities of $130k, net assets of $18.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.