Moonrise Therapeutics

Analysis

Moonrise Therapeutics is a registered charity in United States, based in Taftsville, VT. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Moonrise Therapeutics reported income of $292k and spending of $321k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $292k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Moonrise Therapeutics sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 53rd percentile within VT. Charities of a similar size with the same main cause include Sheep Inc Health Care Center ($292k), Seed of Hope Center Inc ($292k) and Heaven Sent Group Home Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. Other salaries and wages came to $197k. At year end it held assets of $93k against liabilities of $1,365, net assets of $92k. It reported 7 employees.