Morrisons Cove Memorial Park Association Inc

Analysis

Morrisons Cove Memorial Park Association Inc is a registered charity in United States, based in Martinsburg, PA. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2024, Morrisons Cove Memorial Park Association Inc reported income of $717k and spending of $734k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2024, income grew from $516k to $717k (+39%), an average of +8.5% a year. The sharpest change came in the year to September 2022, when income rose by 165%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morrisons Cove Memorial Park Association Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Crystal Lake Camps Inc ($716k), San Francisco Rebels ($717k) and Americas State Parks Foundation ($715k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 15% and program service revenue 56% of the total. Other salaries and wages came to $364k. At year end it held assets of $2.7m against liabilities of $4,073, net assets of $2.7m. It reported 67 employees.