Precious Moments Foundation

Analysis

Precious Moments Foundation is a registered charity in United States, based in Carthage, MO. It received its IRS tax-exemption ruling in May 2002, 24 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Precious Moments Foundation reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $861k to $1.4m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income dropped by 357%. Over the whole period it spent 203% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Precious Moments Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Rio Verde Community Foundation Inc ($1.4m), Parley Foundation ($1.4m) and National Athletic Trainers Assn Research & Education Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $64k (4.7% of expenses). Other salaries and wages came to $409k. At year end it held assets of $5.0m against liabilities of $85k, net assets of $4.9m. It reported 24 employees.