Moldova World Childrens Fund Inc

Analysis

Moldova World Childrens Fund Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in August 2006, 20 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 December 2023, Moldova World Childrens Fund Inc reported income of $637k and spending of $589k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $637k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 122%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Moldova World Childrens Fund Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Care Closet LBC ($637k), Hagar Civilization Training Missionary ($637k) and Reach Initiative Inc ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (2.5% of expenses). At year end it held assets of $118k against liabilities of $9,219, net assets of $109k. It reported 1 employees.