Morris Minute Men Inc

Analysis

Morris Minute Men Inc is a registered charity in United States, based in Morris Plains, NJ. It received its IRS tax-exemption ruling in February 1961, 65 years ago. 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 February 2022, Morris Minute Men Inc reported income of $298k and spending of $292k, spending 98% of its income. Across the 3 years on record, from February 2020 to February 2022, income grew from $294k to $298k (+1.4%), an average of +0.7% a year. The sharpest change came in the year to February 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morris Minute Men Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Friends of the Wekiva River Incorporated ($298k), Ipswich Community Access Media Inc ($298k) and Manav Sadhna ($298k).

On its Form 990 for the period ending February 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $64k, net assets of $1.5m.