Mom Starts Here Inc

Analysis

Mom Starts Here Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mom Starts Here Inc reported income of $228k and spending of $305k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $131k to $228k (+74%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mom Starts Here Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Sikh Family Center ($228k), Belton Area Citizens for Seniors ($228k) and Coated in Love ($228k).

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 $85k (28% of expenses). Other salaries and wages came to $104k. At year end it held assets of $19k against liabilities of $48k, net assets of -$29k. It reported 4 employees.