Modern Money Network Limited

Analysis

Modern Money Network Limited is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover social science, 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 December 2022, Modern Money Network Limited reported income of $57k and spending of $65k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $82k to $57k (-31%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Modern Money Network Limited sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include Granite Falls Historical Society ($57k), Saving Grace NYC ($57k) and Camillus Canal Society Inc ($57k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.