Ladder to the Moon Network

Analysis

Ladder to the Moon Network is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Ladder to the Moon Network reported income of $315k and spending of $319k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $315k (+43%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ladder to the Moon Network sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include PTA Texas Congress ($315k), Warrior Food Project Inc ($315k) and Peaceful Empowerment Works Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $89k (28% of expenses). Other salaries and wages came to $61k. At year end it held assets of $8,687 against liabilities of $0, net assets of $8,687. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.