The More Foundation

Analysis

The More Foundation is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in July 1995, 31 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, The More Foundation reported income of $328k and spending of $294k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $461k to $328k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The More Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Highland Band Boosters ($328k), Association of Osteopathic State ($328k) and Clyde-Savannah Public Library ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (27% of expenses). At year end it held assets of $508k against liabilities of $3,061, net assets of $505k. It reported 1 employees.