Moringa for Love
Analysis
Moringa for Love is a registered charity in United States, based in Monterey Park, CA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Moringa for Love reported income of $160k and spending of $224k, spending 140% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $131k to $160k (+22%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 67% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Moringa for Love sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Una Vida Esta Vida ($160k), Out for Education ($160k) and Ben Franklin Academy Parent-Teacher Organization ($160k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $32k (14% of expenses). At year end it held assets of $757k against liabilities of $4,526, net assets of $753k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Other 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Una Vida Esta Vida | Ventura | $160k |
| Out for Education | Houston | $160k |
| Ben Franklin Academy Parent-Teacher Organization | HGHLNDS Ranch | $160k |
| New Jersey Scholars Program Inc | Lawrenceville | $160k |