Morningday Community Solutions

Analysis

Morningday Community Solutions is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Morningday Community Solutions reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $1.5m (+137%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Morningday Community Solutions sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Cjca Development Inc ($1.5m), Fort Myers Presbyterian Community Inc ($1.5m) and Midlands Community Development Corporation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $31k (2.2% of expenses). Other salaries and wages came to $431k. At year end it held assets of $2.1m against liabilities of $1.4m, net assets of $749k. It reported 16 employees.