Monster Education Foundation NFP

Analysis

Monster Education Foundation NFP is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Monster Education Foundation NFP reported income of $111k and spending of $64k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $111k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monster Education Foundation NFP sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Heartwood Educational Collaborative ($111k), Forest Hills Elementery School PTO Inc ($111k) and Grosse Pointe South Dugout Club Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $344k against liabilities of $7,464, net assets of $336k.