Monrovia Parks & Recreation Association Inc

Analysis

Monrovia Parks & Recreation Association Inc is a registered charity in United States, based in Madison, AL. It received its IRS tax-exemption ruling in February 1994, 32 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, Monrovia Parks & Recreation Association Inc reported income of $416k and spending of $375k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $416k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monrovia Parks & Recreation Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Tahl Mah Sah Buddist Monastery and Temple of America ($416k), National Church Residences of ($416k) and St Rose Corporation ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $1.1m against liabilities of $122k, net assets of $931k.