Moresh Wegenie Amara Organization Inc

Analysis

Moresh Wegenie Amara Organization Inc is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2022, Moresh Wegenie Amara Organization Inc reported income of $193k and spending of $220k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $30k to $193k (+547%), an average of +154% a year. The sharpest change came in the year to December 2022, when income rose by 802%. Over the whole period it spent 134% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Moresh Wegenie Amara Organization Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Hub Worldwide Inc ($193k), Angels of the Amazon ($193k) and 7 Day Hero ($193k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,890 against liabilities of $0, net assets of $4,890.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.