Moneta Gardens Improvement Incorporated

Analysis

Moneta Gardens Improvement Incorporated is a registered charity in United States, based in Hawthorne, CA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Moneta Gardens Improvement Incorporated reported income of $168k and spending of $162k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $188k to $168k (-11%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moneta Gardens Improvement Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Ihsaa Foundation Inc ($168k), Sukkat Shaleym Inc ($168k) and RL Ministries Inc ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $39k (24% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.