Morning Star Community NFP Inc

Analysis

Morning Star Community NFP Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in March 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 December 2023, Morning Star Community NFP Inc reported income of $519k and spending of $750k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $494k to $519k (+5.3%), an average of +1.3% a year. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Morning Star Community NFP Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include New Mexico Affordable Housing Charitable TR ($519k), Bronx United in Leveraging Dollars Inc ($520k) and Bivins Village Phase II ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. Other salaries and wages came to $89k. At year end it held assets of $2.5m against liabilities of $6.6m, net assets of -$4.0m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.