Moaacc Scholorship Corporation

Analysis

Moaacc Scholorship Corporation is a registered charity in United States, based in Patrick Afb, FL. It received its IRS tax-exemption ruling in September 2023, 3 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, Moaacc Scholorship Corporation reported income of $96k and spending of $77k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $96k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 243%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moaacc Scholorship Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Gananda Education Corporation ($96k), Colorado Heritage Education School System ($96k) and Sherman Preschool ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.