William R Moore College of Technology

Analysis

William R Moore College of Technology is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, William R Moore College of Technology reported income of $4.5m and spending of $6.1m, spending 136% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $5.4m to $4.5m (-16%), an average of -4.2% a year. The sharpest change came in the year to August 2022, when income rose by 60%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William R Moore College of Technology sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Continuing Legal Education in Colorado Inc ($4.5m), Morristown and Morris Township Library Foundation ($4.5m) and Walking Mountains ($4.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 31% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $497k (8.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $10.2m against liabilities of $1.2m, net assets of $9.0m. It reported 48 employees.