Monarch Immigrant Services

Analysis

Monarch Immigrant Services is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2003, 23 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 June 2023, Monarch Immigrant Services reported income of $2.1m and spending of $2.2m, spending 105% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.1m (+29%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monarch Immigrant Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Wovenlife Inc ($2.1m), South Texas Advancement Resource ($2.1m) and Stronghold Rescue & Relief ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $885k against liabilities of $148k, net assets of $737k. It reported 57 employees.