The Mooring Foundation Inc

Analysis

The Mooring Foundation Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in June 1980, 46 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, The Mooring Foundation Inc reported income of $228k and spending of $90k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $228k (+80%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 455%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mooring Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Ripple Effect Inc ($228k), American Wheat Mission Inc ($228k) and Friends of the Chapel of Four Chaplains Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. At year end it held assets of $3.9m against liabilities of $198k, net assets of $3.7m.