Test Monitoring Center
Analysis
Test Monitoring Center is a registered charity in United States, based in Freeport, PA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a organisation that tests for public safety under section 501(c)(3).
In the financial year ending December 2023, Test Monitoring Center reported income of $5.7m and spending of $4.7m, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.8m to $5.7m (+104%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Test Monitoring Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Ashton Memorial Inc ($5.7m), National Ironworkers and Employers Apprenticeship Training and Journe ($5.7m) and San Gabriel Childrens Center Inc ($5.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $45k (1.0% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.1m against liabilities of $1.9m, net assets of $3.2m.
Income and spending
Where the income comes from
- Contributions & grants 7.4%
- Program services 82%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ashton Memorial Inc | Ashton | $5.7m |
| National Ironworkers and Employers Apprenticeship Training and Journe | Washington | $5.7m |
| San Gabriel Childrens Center Inc | Covina | $5.7m |
| Klamath Hospice Inc | Klamath Falls | $5.7m |