County College of Morris Foundation

Analysis

County College of Morris Foundation is a registered charity in United States, based in Randolph, NJ. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, County College of Morris Foundation reported income of $818k and spending of $1.1m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $524k to $818k (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 177%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, County College of Morris Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Reach Chicago ($818k), Peace Project in Haiti Inc ($818k) and Buford City Schools Foundation Inc ($818k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $11.5m against liabilities of $12k, net assets of $11.5m.