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Moving Traditions

RegisteredEIN 34-2015014Elkins Park, PAReligion
Income$4.6m2023-12
Spending$3.6msame year
Spent / received91%5-year average
Size in its cause98th pctReligion
Exempt since2004Publicly supported organisat
Employees30latest return

Analysis

Moving Traditions is a registered charity in United States, based in Elkins Park, PA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Moving Traditions reported income of $4.6m and spending of $3.6m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Moving Traditions sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Haven Ministries ($4.6m), Rhema for the Nations Inc ($4.6m) and Media Dream ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $178k (5.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.6m against liabilities of $188k, net assets of $3.4m. It reported 30 employees.

Income and spending

$0$1.1m$2.3m$3.4m$4.6m2019 Income: $3,259,7392019 Spending: $3,057,17720192020 Income: $2,868,5572020 Spending: $2,819,66920202021 Income: $3,463,0852021 Spending: $2,953,49920212022 Income: $3,339,6942022 Spending: $3,522,60020222023 Income: $4,595,1372023 Spending: $3,558,1342023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Program services 4.5%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Haven MinistriesRiverside$4.6m
Rhema for the Nations IncArlington$4.6m
Media DreamSeal Beach$4.6m
Yeshiva Gedolah Keren Hatorah IncLakewood$4.6m