Morning Star Academy Association

Analysis

Morning Star Academy Association is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Morning Star Academy Association reported income of $1.4m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+3.6%), an average of +0.9% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morning Star Academy Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Texas New School Accelerator ($1.4m), San Juan Diego Catholic Regional High School ($1.4m) and Desert Sage Educational Initiative ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Other salaries and wages came to $935k. At year end it held assets of $1.2m against liabilities of $417k, net assets of $826k. It reported 53 employees.