Monarch Villa Inc

Analysis

Monarch Villa Inc is a registered charity in United States, based in Papillion, NE. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 December 2023, Monarch Villa Inc reported income of $806k and spending of $806k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $724k to $806k (+11%), an average of +2.7% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monarch Villa Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Garden School Foundation Inc ($805k), Villa Asoc Jenaro Cortes ($806k) and Nehemiah Community Revitalization Corporation ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $138k. At year end it held assets of $1.2m against liabilities of $1.5m, net assets of -$232k.