Halfmoon Education Inc

Analysis

Halfmoon Education Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Halfmoon Education Inc reported income of $3.2m and spending of $2.7m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.7m to $3.2m (-14%), an average of -4.8% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Halfmoon Education Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include The@family Place Public Charter School ($3.2m), Merona Leadership Foundation ($3.2m) and Dual Language Education of New Mexico ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $263k (9.8% of expenses). Other salaries and wages came to $892k. At year end it held assets of $1.0m against liabilities of $174k, net assets of $838k. It reported 26 employees.