Monte Sion Center
Analysis
Monte Sion Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Monte Sion Center reported income of $876k and spending of $811k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $629k to $876k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Monte Sion Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Sree Venkateswara Temple of Cleveland ($876k), Abide Ministries Inc ($876k) and Bridge the Gap Ministries ($874k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $924k against liabilities of $280k, net assets of $644k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sree Venkateswara Temple of Cleveland | Richfield | $876k |
| Abide Ministries Inc | Clawson | $876k |
| Bridge the Gap Ministries | Kodak | $874k |
| Warwick Conference Center Inc | Warwick | $876k |