No More Foundation

Analysis

No More Foundation is a registered charity in United States, based in Maplewood, NJ. It received its IRS tax-exemption ruling in April 2020, 6 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, No More Foundation reported income of $753k and spending of $580k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $390k to $753k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, No More Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Children & Youth Partnership for Dare County ($753k), Collinsville Food Pantry ($753k) and Onboard Inc ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $115k (20% of expenses). Other salaries and wages came to $7,758. At year end it held assets of $510k against liabilities of $118k, net assets of $392k. It reported 1 employees.