Morning Star Ministries of the North Penn Area Inc

Analysis

Morning Star Ministries of the North Penn Area Inc is a registered charity in United States, based in Lansdale, PA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Morning Star Ministries of the North Penn Area Inc reported income of $117k and spending of $98k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $117k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morning Star Ministries of the North Penn Area Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Portland Symphonic Choir ($117k), Friends of Southington Community Services ($118k) and PTA Nevada Congress ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $31k (32% of expenses). At year end it held assets of $300k against liabilities of $0, net assets of $300k.