Monarch Preschool Inc

Analysis

Monarch Preschool Inc is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in November 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Monarch Preschool Inc reported income of $271k and spending of $199k, leaving 26% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income fell from $273k to $271k (-0.9%), an average of -0.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monarch Preschool Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Society for Protestant Reformed Education in Lynden ($271k), Ann Brodies Carolina Ballet ($271k) and PTA Texas Congress ($271k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $39k (19% of expenses). Other salaries and wages came to $158k. At year end it held assets of $131k against liabilities of $3,169, net assets of $127k. It reported 6 employees.