Moles Charitable Fund Inc

Analysis

Moles Charitable Fund Inc is a registered charity in United States, based in Montvale, NJ. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Moles Charitable Fund Inc reported income of $307k and spending of $46k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $307k (-70%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 500%. Over the whole period it spent 9.9% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Moles Charitable Fund Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Faith Christian Ministries of Nash County ($306k), Radio Alfa Y Omega LLC ($307k) and Pray Love Unite Ministries Incorporated ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.