Moorings Park Foundation Inc

Analysis

Moorings Park Foundation Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in April 2010, 16 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, Moorings Park Foundation Inc reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.8m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Moorings Park Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Child Welfare League of America Inc ($2.8m), Arnette House Inc ($2.8m) and Young Mens Christian Association of Knox County ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $150k. At year end it held assets of $7.7m against liabilities of $139k, net assets of $7.6m. It reported 2 employees.