Moorings Park Institute Incorporated

Analysis

Moorings Park Institute Incorporated is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Moorings Park Institute Incorporated reported income of $11.3m and spending of $11.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.0m to $11.3m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Moorings Park Institute Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Green Energy Consumers Alliance Inc ($11.3m), Habitat for Humanity of the Chesapeake Inc ($11.3m) and Habitat for Humanity International Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (12% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $133.2m against liabilities of $890k, net assets of $132.3m. It reported 68 employees.