Monroe Mandolin Camp

Analysis

Monroe Mandolin Camp is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Monroe Mandolin Camp reported income of $80k and spending of $85k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $80k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monroe Mandolin Camp 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 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Douglass High School Alumni Association Inc ($80k), California Boating Safety Officers Association ($80k) and Grafton Community Library ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $64k against liabilities of $9,714, net assets of $54k.