Monarch Services-Servicios Monarca

Analysis

Monarch Services-Servicios Monarca is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Monarch Services-Servicios Monarca reported income of $4.2m and spending of $4.0m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $4.2m (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monarch Services-Servicios Monarca sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Least of These Inc ($4.2m), Hourcar ($4.2m) and Kentucky Rural Health Information Technology Network Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $235k (5.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.4m against liabilities of $841k, net assets of $2.5m. It reported 48 employees.