New Morning School

Analysis

New Morning School is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in March 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Morning School reported income of $965k and spending of $1.1m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $800k to $965k (+21%), an average of +4.8% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Morning School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Participatory Budgeting Oregon ($965k), Athens Bulldog Swim Club Inc ($965k) and Virginia Interfaith Center for Public Policy ($965k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 92% of the total. Other salaries and wages came to $560k. At year end it held assets of $1.2m against liabilities of $909k, net assets of $284k. It reported 25 employees.