Moraine Township Charitable Fund Inc

Analysis

Moraine Township Charitable Fund Inc is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Moraine Township Charitable Fund Inc reported income of $221k and spending of $134k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $221k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 154%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Moraine Township Charitable Fund Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Ohio Bankers Foundation for Financial Literacy ($221k), The Blessing Center Inc ($221k) and James W Denmark Loan Fund Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $378k against liabilities of $2,215, net assets of $376k.