Monarch Disabled Housing Inc
Analysis
Monarch Disabled Housing Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in May 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Monarch Disabled Housing Inc reported income of $175k and spending of $219k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $163k to $175k (+7.4%), an average of +1.8% a year. Over the whole period it spent 124% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Monarch Disabled Housing Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Gibb Bainbridge Village Inc ($175k), Leeway-Welton Housing Corp ($175k) and Friendz Inc ($175k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $1.2m against liabilities of $894k, net assets of $301k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Program services 37%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gibb Bainbridge Village Inc | Tallahassee | $175k |
| Leeway-Welton Housing Corp | New Haven | $175k |
| Friendz Inc | Los Angeles | $175k |
| North Beacon Hill Housing Initiative Association | Seattle | $175k |