Moonshotplatforminc

Analysis

Moonshotplatforminc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Moonshotplatforminc reported income of $741k and spending of $718k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $552k to $741k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Moonshotplatforminc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Damien House Inc ($741k), Cambridge Reproductive Health Consultants ($741k) and Living Hope International Inc ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. It paid $22k in professional fundraising fees. At year end it held assets of $131k against liabilities of $153k, net assets of -$22k.