Mooring Programs Incorporated

Analysis

Mooring Programs Incorporated is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in April 1978, 48 years ago. 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 2023, Mooring Programs Incorporated reported income of $6.6m and spending of $6.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $6.6m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mooring Programs Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include CG Jung Institute of San Francisco ($6.6m), Adventhealth West Florida Imaging Inc ($6.6m) and Rock Walworth Comprehensive Family Services Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $496k (7.5% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.8m. It reported 262 employees.