Morningside Elementary School Foundation Inc

Analysis

Morningside Elementary School Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Morningside Elementary School Foundation Inc reported income of $226k and spending of $180k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $86k to $226k (+162%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Morningside Elementary School Foundation Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($226k), Vincennes Cub League Inc ($226k) and Think Outside Da Block ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.