Monticello Ecumenical Retirement Center Inc

Analysis

Monticello Ecumenical Retirement Center Inc is a registered charity in United States, based in Monticello, AR. It received its IRS tax-exemption ruling in January 1983, 43 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, Monticello Ecumenical Retirement Center Inc reported income of $493k and spending of $394k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $493k (+6.8%), an average of +1.7% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monticello Ecumenical Retirement Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within AR. Charities of a similar size with the same main cause include Bishop Neumann High School Endowment Fund ($493k), Camp Fire ($493k) and Nba-Gpva Accessible Housing ($493k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $110k. At year end it held assets of $1.2m against liabilities of $224k, net assets of $996k. It reported 3 employees.