Moberly Area Community College Foundation Incorporated

Analysis

Moberly Area Community College Foundation Incorporated is a registered charity in United States, based in Moberly, MO. It received its IRS tax-exemption ruling in April 1980, 46 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Moberly Area Community College Foundation Incorporated reported income of $469k and spending of $1.4m, spending 291% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $147k to $469k (+220%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 151%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moberly Area Community College Foundation Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Polish Institute of Arts & Sciences in America Inc ($469k), Marian Housing Center Inc ($469k) and Ebenezer Methodist Church ($469k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $4.0m against liabilities of $87k, net assets of $3.9m.