Morgan Education Foundation

Analysis

Morgan Education Foundation is a registered charity in United States, based in Morgan, UT. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Morgan Education Foundation reported income of $162k and spending of $128k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $217k to $162k (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morgan Education Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within UT. Charities of a similar size with the same main cause include Partners in Recovery Foundation Inc ($162k), Anaphora USA ($162k) and Chris Dudley Foundation ($162k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $858k against liabilities of $0, net assets of $858k.