Wilbert & Mildred Morrison Charitable Foundation

Analysis

Wilbert & Mildred Morrison Charitable Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Wilbert & Mildred Morrison Charitable Foundation reported income of $458k and spending of $261k, leaving 43% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $177k to $458k (+159%), an average of +37% a year. The sharpest change came in the year to September 2021, when income rose by 481%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilbert & Mildred Morrison Charitable Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Brooklink Inc ($458k), National Football Foundation and College Hall of Fame Inc ($458k) and Avondale Housing Development Corporation ($458k).

Compensation of current officers, directors and key employees was $49k (19% of expenses). At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.