Morris Park Community Association Inc

Analysis

Morris Park Community Association Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Morris Park Community Association Inc reported income of $174k and spending of $161k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $174k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 266%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Morris Park Community Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Detroit Change Initiative ($174k), Richland County Development Corporation ($174k) and Gia Community Development Corporation ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 2 employees.