Monarch Learning Center Charter School

Analysis

Monarch Learning Center Charter School is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monarch Learning Center Charter School reported income of $1.7m and spending of $1.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $843k to $1.7m (+99%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch Learning Center Charter School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Denver Public Library Friends Foundation ($1.7m), Bismarck Area Catholic Education Foundation ($1.7m) and Childrens Resource Fund Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $129k (8.8% of expenses). Other salaries and wages came to $567k. At year end it held assets of $1.1m against liabilities of $275k, net assets of $822k. It reported 24 employees.