International School of Monterey Foundation

Analysis

International School of Monterey Foundation is a registered charity in United States, based in Seaside, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, International School of Monterey Foundation reported income of $137k and spending of $157k, spending 115% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $218k to $137k (-37%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International School of Monterey Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Cultivate Studios Corporation C-O Sydney Loper ($137k), Lincoln Education Enrichment Fund ($137k) and American Electrical Academy Inc ($137k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.