Mo Motion Inc

Analysis

Mo Motion Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Mo Motion Inc reported income of $520k and spending of $534k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $673k to $520k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mo Motion Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Beverly Hills Athletic Alumni Association ($520k), City Swim Project ($520k) and Redbirds Organization Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $214k (40% of expenses). At year end it held assets of $50k against liabilities of $2,112, net assets of $48k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.