Moonstone Inc

Analysis

Moonstone Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1983, 43 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 June 2023, Moonstone Inc reported income of $1.3m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.3m (+2.5%), an average of +0.6% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moonstone Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include S O S Shelter Inc ($1.3m), Love Inc of Treasure Valley ($1.3m) and Boys & Girls Club of the South Coast Area ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $75k (5.9% of expenses). Other salaries and wages came to $890k. At year end it held assets of $1.5m against liabilities of $523k, net assets of $940k. It reported 19 employees.