Montclare Association Inc

Analysis

Montclare Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2012, 14 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 June 2024, Montclare Association Inc reported income of $154k and spending of $146k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $173k to $154k (-11%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montclare Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include The San Joaquin Valley Chapter of the American Petroleum Institute ($154k), West Side School District 202 Education Foundations Incorporated ($154k) and Cary Tamil School ($154k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $348k against liabilities of $8,400, net assets of $340k.