Nolan Moore Memorial Education Foundation Inc

Analysis

Nolan Moore Memorial Education Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1996, 30 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 April 2024, Nolan Moore Memorial Education Foundation Inc reported income of $50k and spending of $26k, leaving 48% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $51k to $50k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to April 2021, when income rose by 166%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nolan Moore Memorial Education Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Wyoming Area Football Alumni Association Inc ($50k), Calef Memorial Library ($50k) and Oxford Academy Instrumental Music Boosters ($50k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $661k against liabilities of $2,834, net assets of $658k.