Monarch Academy

Analysis

Monarch Academy is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in September 2021, 5 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 July 2024, Monarch Academy reported income of $362k and spending of $232k, leaving 36% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $70k to $362k (+418%), an average of +128% a year. The sharpest change came in the year to July 2023, when income rose by 155%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monarch Academy sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include National Association of Corporate Directors ($362k), Manheim Township Educational Foundation ($362k) and The Kids Co-Op Inc ($362k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $63k (27% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.