Moenkopi Developers Corporation Inc

Analysis

Moenkopi Developers Corporation Inc is a registered charity in United States, based in Tuba City, AZ. It received its IRS tax-exemption ruling in October 2002, 24 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, Moenkopi Developers Corporation Inc reported income of $3.5m and spending of $4.3m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $3.5m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 115% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Moenkopi Developers Corporation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Premier Alliances Inc ($3.5m), Network of Executive Women in Hospitality Inc ($3.5m) and Business & Human Rights Resource Centre US Ltd ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 3.5% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $14.6m against liabilities of $11.8m, net assets of $2.7m. It reported 81 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.