Moon Rising Retreat Inc

Analysis

Moon Rising Retreat Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in November 2022, 4 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, Moon Rising Retreat Inc reported income of $73k and spending of $26k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $73k (+419%), an average of +419% a year. The sharpest change came in the year to December 2023, when income rose by 419%. Over the whole period it spent 150% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Moon Rising Retreat Inc 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 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include High Limit Productions Foundation ($73k), Medford Rotary Foundation ($73k) and GFWC Kentucky Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $60k against liabilities of $103k, net assets of -$43k.