Moms Helping Moms Foundation Inc

Analysis

Moms Helping Moms Foundation Inc is a registered charity in United States, based in Warren, NJ. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Moms Helping Moms Foundation Inc reported income of $1.1m and spending of $984k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $536k to $1.1m (+101%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 202%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Moms Helping Moms Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Albany Helping Hands ($1.1m), Northwest Connection Family Resources Inc ($1.1m) and Programs to Educate All Cyclists ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $40k (4.1% of expenses). Other salaries and wages came to $115k. At year end it held assets of $568k against liabilities of $11k, net assets of $557k. It reported 20 employees.