Moka Foundation

Analysis

Moka Foundation is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in November 2024, 2 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Moka Foundation reported income of $64k and spending of $6,436, leaving 90% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $129k to $64k (-50%), an average of -16% a year. The sharpest change came in the year to September 2022, when income rose by 598%. Over the whole period it spent 4.7% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Moka Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Unite North County ($64k), Kemp Fam Foundation ($64k) and Anthony Quinn Foundation ($64k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.