Morning Star Community Development Corporation Inc

Analysis

Morning Star Community Development Corporation Inc is a registered charity in United States, based in Linden, NJ. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Community Development Corporation Inc reported income of $100k and spending of $100k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $100k (+0.0%), an average of +0.0% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Morning Star Community Development Corporation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Ujamaa Community Development Corporation ($100k), Gordies Foundation Inc ($100k) and California Federation of Womens Clubs ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.