Arc-Morris Foundation Inc

Analysis

Arc-Morris Foundation Inc is a registered charity in United States, based in Morris Plains, NJ. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Arc-Morris Foundation Inc reported income of $258k and spending of $384k, spending 149% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $422k to $258k (-39%), an average of -12% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arc-Morris Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Trinity Fitness Colorado Springs ($258k), Every Tribe Inc ($258k) and Light Presbyterian Church Inc ($257k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% of the total. At year end it held assets of $8.9m against liabilities of $151k, net assets of $8.7m.