Morrison Mentors Inc

Analysis

Morrison Mentors Inc is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Morrison Mentors Inc reported income of $529k and spending of $372k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $219k to $529k (+141%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morrison Mentors Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Sikh Sabha of New Jersey Inc ($529k), Exeter Christian Services Inc ($529k) and Upper Susitna Seniors Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Other salaries and wages came to $273k. At year end it held assets of $207k against liabilities of $27k, net assets of $179k. It reported 15 employees.