The Morgan Center

Analysis

The Morgan Center is a registered charity in United States, based in Babylon, NY. It received its IRS tax-exemption ruling in March 2003, 23 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, The Morgan Center reported income of $430k and spending of $434k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $648k to $430k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Morgan Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Baltimore Action Legal Team ($430k), North Star Advocacy Center ($430k) and Gesmv West Campus Center ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $95k (22% of expenses). Other salaries and wages came to $98k. At year end it held assets of $61k against liabilities of $158k, net assets of -$97k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.