Mov2go Foundation

Analysis

Mov2go Foundation is a registered charity in United States, based in Little Hocking, OH. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Mov2go Foundation reported income of $62k and spending of $62k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $89k to $62k (-30%), an average of -30% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mov2go Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Faribault Community T V and Multimedia Center ($62k), Central Lakes Concert Association ($62k) and Mid America Transportation & Aviation Museum ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.