Mora Creative Council

Analysis

Mora Creative Council is a registered charity in United States, based in Mora, NM. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mora Creative Council reported income of $261k and spending of $277k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $312k to $261k (-17%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mora Creative Council sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NM. Charities of a similar size with the same main cause include Gumboro Community Association Inc ($261k), Patton Fire Company No 1 ($261k) and Ministry of Zoeys Place ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $29k. At year end it held assets of $108k against liabilities of $0, net assets of $108k. It reported 1 employees.