American Moment Inc

Analysis

American Moment Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, American Moment Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $737k to $1.3m (+81%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Moment Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Lutheran Retirement Center - Clemmons Inc ($1.3m), St Mark Youth Enrichment ($1.3m) and Ottawa YMCA Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $309k (23% of expenses). Other salaries and wages came to $264k. At year end it held assets of $268k against liabilities of $26k, net assets of $242k. It reported 22 employees.