Morgantown Re-Uzit Shoppe

Analysis

Morgantown Re-Uzit Shoppe is a registered charity in United States, based in Morgantown, PA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Morgantown Re-Uzit Shoppe reported income of $1.5m and spending of $1.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morgantown Re-Uzit Shoppe sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Together for Good ($1.5m), Young Mens Christian Association of Lawton Oklahoma ($1.5m) and Glenridge Charitable Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $19k (1.2% of expenses). Other salaries and wages came to $382k. At year end it held assets of $392k against liabilities of $1,705, net assets of $390k. It reported 29 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.