Morris Educational Foundation Incorporated

Analysis

Morris Educational Foundation Incorporated is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in April 1993, 33 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, Morris Educational Foundation Incorporated reported income of $876k and spending of $821k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $582k to $876k (+51%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 230%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morris Educational Foundation Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Living Science Home Studies Inc ($876k), Employment Skills Center ($877k) and Women in California Leadership Inc ($876k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $182k. At year end it held assets of $4.2m against liabilities of $129k, net assets of $4.1m. It reported 4 employees.