Morningstar Learning Center Inc

Analysis

Morningstar Learning Center Inc is a registered charity in United States, based in Big Sky, MT. It received its IRS tax-exemption ruling in September 2006, 20 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 2023, Morningstar Learning Center Inc reported income of $2.1m and spending of $1.4m, leaving 33% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $583k to $2.1m (+255%), an average of +53% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morningstar Learning Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within MT. Charities of a similar size with the same main cause include Umpqua Valley Christian Schools ($2.1m), Durham Public Schools Foundation ($2.1m) and North Georgia Christian Academy Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Other salaries and wages came to $895k. At year end it held assets of $2.0m against liabilities of $181k, net assets of $1.8m. It reported 24 employees.