Rene Moawad Foundation

Analysis

Rene Moawad Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1993, 33 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 (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 2023, Rene Moawad Foundation reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $1.2m (+266%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 206%. Over the whole period it spent 120% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rene Moawad Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Transformed for Life Uganda ($1.2m), Open Arms Childcare Ministries ($1.2m) and Junior Achievement of Central Iowa Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $96k (8.1% of expenses). At year end it held assets of $161k against liabilities of $18k, net assets of $143k. It reported 1 employees.

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.