Morgan Pressel Foundation Inc

Analysis

Morgan Pressel Foundation Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2024, Morgan Pressel Foundation Inc reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morgan Pressel Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Coastal Gateway Health Center ($1.2m), Sos Recovery Community Organization Inc ($1.2m) and Salina Regional Home Medical Services LLC ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (5.4% of expenses). At year end it held assets of $881k against liabilities of $0, net assets of $881k.