Mater Dei Monarch Foundation

Analysis

Mater Dei Monarch Foundation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mater Dei Monarch Foundation reported income of $860k and spending of $190k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.1m to $860k (-92%), an average of -47% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mater Dei Monarch Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Pacers Basketball Corp Foundation Inc ($860k), Living Advantage Inc ($861k) and Lihatzilum Inc ($858k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $23k. At year end it held assets of $8.5m against liabilities of $144k, net assets of $8.4m.