The Moonridge Foundation

Analysis

The Moonridge Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Moonridge Foundation reported income of $1.9m and spending of $2.5m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 290%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Moonridge Foundation sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include Community Foundation of the Northern Shenandoah Valley ($1.9m), Hartsprings Foundation Inc ($1.9m) and Mary L and William J Osher Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $66k (2.6% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.2m against liabilities of $270k, net assets of $979k. It reported 3 employees.