No-Mo

Analysis

No-Mo is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, No-Mo reported income of $1.3m and spending of $2.0m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $517k to $1.3m (+155%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 520%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, No-Mo sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include West Harlem Development Corporation ($1.3m), Centro Community Partners ($1.3m) and Northern Mechanical and Iron Range Plumbing & Pipefitting Jac 11 & 58 ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $775k. At year end it held assets of $402k against liabilities of $648k, net assets of -$246k. It reported 20 employees.