No More Foundation Inc

Analysis

No More Foundation Inc is a registered charity in United States, based in Land O Lakes, FL. It received its IRS tax-exemption ruling in September 2011, 15 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 2022, No More Foundation Inc reported income of $977k and spending of $798k, spending 82% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $275k to $977k (+255%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, No More Foundation Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Friends in Need Food Shelf ($977k), Toys for Kids ($977k) and Upec Friend to Friend Network ($977k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $121k (15% of expenses). Other salaries and wages came to $169k. At year end it held assets of $698k against liabilities of $240k, net assets of $458k. It reported 11 employees.