Morocco Foundation

Analysis

Morocco Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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, Morocco Foundation reported income of $134k and spending of $102k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $134k (+165%), an average of +165% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morocco Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include City Roots Community Land Trust Inc ($134k), Kiwanis Club of the Citrus Center Foundation Inc ($134k) and Catholic Art Institute Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.