Frisco Moms Care

Analysis

Frisco Moms Care is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Frisco Moms Care reported income of $70k and spending of $101k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $70k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Frisco Moms Care sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Hazelton Development Corporation ($70k), Inside Track Wow Foundation Inc ($70k) and Kansas Newspaper Foundation ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.