Montbello Organizing Committee

Analysis

Montbello Organizing Committee is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2018, 8 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 2022, Montbello Organizing Committee reported income of $2.8m and spending of $3.9m, spending 138% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $617k to $2.8m (+357%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 639%. 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, Montbello Organizing Committee sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Berkeley Public Schools Fund ($2.8m), Foundation for Hearing Research Inc ($2.8m) and Low Country Day School Inc ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $100k (2.6% of expenses). Other salaries and wages came to $596k. It paid $84k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $760k, net assets of $1.3m. It reported 14 employees.