Mora Education Foundation

Analysis

Mora Education Foundation is a registered charity in United States, based in Mora, MN. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mora Education Foundation reported income of $62k and spending of $3,649, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $62k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 872%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mora Education Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include San Marcos High School Athletic Booster Club ($62k), International Center of West Lafayette Inc ($62k) and Ensemble Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% of the total. At year end it held assets of $680k against liabilities of $0, net assets of $680k.