Monarch Family Services

Analysis

Monarch Family Services is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Monarch Family Services reported income of $2.1m and spending of $2.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monarch Family Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Greencastle of Mulford Inc ($2.1m), Safe Harbor of Sheboygan County Inc ($2.1m) and Welcoming Center for New Pennsylvanians ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $392k against liabilities of $186k, net assets of $206k. It reported 35 employees.

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.