Morning Star Inc

Analysis

Morning Star Inc is a registered charity in United States, based in Johnson City, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Morning Star Inc reported income of $140k and spending of $92k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $140k (-9.2%), an average of -9.2% a year. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morning Star Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Thanksgiving Heroes Cleveland ($140k), Homeless Helpers ($140k) and Orchard Hills Achievement Center Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.