Moco Kidsco

Analysis

Moco Kidsco is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Moco Kidsco reported income of $7.1m and spending of $6.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $569k to $7.1m (+1152%), an average of +88% a year. The sharpest change came in the year to June 2020, when income rose by 289%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Moco Kidsco sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Air Zoo Legacy Foundation ($7.1m), Military Health Research Foundation Inc ($7.1m) and Deette Holden Cummer Museum Foundation Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $168k (2.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $11.5m against liabilities of $9.3m, net assets of $2.2m. It reported 58 employees.