Friends of Momance Inc

Analysis

Friends of Momance Inc is a registered charity in United States, based in Signal MTN, TN. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2024, Friends of Momance Inc reported income of $115k and spending of $123k, spending 107% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $116k to $115k (-0.6%), an average of -0.3% a year. The sharpest change came in the year to July 2023, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Momance Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Neighbors Abroad ($115k), Arco Iris America Inc ($115k) and Ten Eighteen Inc ($115k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.