Morc Home Care Inc

Analysis

Morc Home Care Inc is a registered charity in United States, based in Auburn Hills, MI. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Morc Home Care Inc reported income of $8.7m and spending of $9.1m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.3m to $8.7m (+19%), an average of +4.5% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Morc Home Care Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Affordable Housing Network Inc ($8.7m), Shenango Presbyterian Senior Care ($8.7m) and Dallas Mission for Life Inc ($8.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $8.8m against liabilities of $567k, net assets of $8.3m.