More Than a Phone Inc

Analysis

More Than a Phone Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, More Than a Phone Inc reported income of $1.0m and spending of $743k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $790k to $1.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, More Than a Phone Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Los Angeles Habilitation House Inc ($1.0m), Wyoming Primary Care Association Inc ($1.0m) and CTC Manufacturing Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.1m against liabilities of $27k, net assets of $1.1m. It reported 1 employees.