Morning Light Inc

Analysis

Morning Light Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover health care, 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 December 2023, Morning Light Inc reported income of $1.2m and spending of $1.6m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $741k to $1.2m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 226%. Over the whole period it spent 159% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morning Light 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 81st percentile within IN. Charities of a similar size with the same main cause include Aidspan ($1.2m), Bell County Society for Crippled Children Inc ($1.2m) and Nami New York State Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $115k (7.2% of expenses). Other salaries and wages came to $642k. At year end it held assets of $6.4m against liabilities of $1.5m, net assets of $4.9m. It reported 49 employees.