Monarch High School Music Boosters

Analysis

Monarch High School Music Boosters is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Monarch High School Music Boosters reported income of $223k and spending of $186k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $401k to $223k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch High School Music Boosters sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Illuminated Life School Inc ($223k), Philosophy Learning and Teaching Organization ($223k) and Whelden Memorial Library Corp ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $30k. At year end it held assets of $131k against liabilities of $0, net assets of $131k.