The Monarch School Inc
Analysis
The Monarch School Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1997, 29 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, The Monarch School Inc reported income of $6.7m and spending of $7.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $6.7m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income dropped by 18%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Monarch School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Fresno State Bulldog Foundation ($6.7m), Morris Brown College ($6.7m) and Barrow Street Nursery School at Greenwich House Inc ($6.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $268k (3.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $14.0m against liabilities of $890k, net assets of $13.1m. It reported 134 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 84%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fresno State Bulldog Foundation | Fresno | $6.7m |
| Morris Brown College | Atlanta | $6.7m |
| Barrow Street Nursery School at Greenwich House Inc | New York | $6.7m |
| Edison School of the Arts Inc | Indianapolis | $6.7m |