Momshope Inc
Analysis
Momshope Inc is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Momshope Inc reported income of $127k and spending of $171k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $127k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 101% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Momshope Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Oakmont Community Foundation ($127k), Slate Valley Cares Inc ($127k) and Children Education Foundation ($127k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $5,412, net assets of $189k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oakmont Community Foundation | Santa Rosa | $127k |
| Slate Valley Cares Inc | Fair Haven | $127k |
| Children Education Foundation | Los Altos | $127k |
| T&b Consultants | Lincoln | $127k |