Moravian Care Foundation

Analysis

Moravian Care Foundation is a registered charity in United States, based in Chaska, MN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Moravian Care Foundation reported income of $91k and spending of $133k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $91k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moravian Care Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Samarleyte Texas ($91k), Meal & More Inc ($91k) and Tri-County Senior Citizens Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 159% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.0m against liabilities of $9,843, net assets of $2.0m.