Montereau Inc

Analysis

Montereau Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Montereau Inc reported income of $44.7m and spending of $44.6m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $39.0m to $44.7m (+15%), an average of +4.6% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Montereau Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include Marys Woods at Marylhurst Inc ($44.7m), Friends Help a Friend the Helping Hands Foundation ($45.7m) and Institute for Intergovernmental Research Inc ($43.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $488k (1.1% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $188.6m against liabilities of $273.2m, net assets of -$84.6m. It reported 572 employees.