Montis Residential

Analysis

Montis Residential is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Montis Residential reported income of $775k and spending of $867k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $775k (-35%), an average of -10% a year. The sharpest change came in the year to September 2022, when income dropped by 25%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montis Residential sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Good Samaritan Pharmacy & Health Services Inc ($775k), Bit-By-Bit Inc ($775k) and Les Ailes du Desir Foundation Inc ($774k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $483k. At year end it held assets of $792k against liabilities of $17k, net assets of $776k. It reported 65 employees.