Morningstar Senior Solutions Inc

Analysis

Morningstar Senior Solutions Inc is a registered charity in United States, based in Nazareth, PA. It received its IRS tax-exemption ruling in February 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Morningstar Senior Solutions Inc reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.2m (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morningstar Senior Solutions 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 79th percentile within PA. Charities of a similar size with the same main cause include Prostate Cancer Education Council ($1.2m), Nami New York State Inc ($1.2m) and Point Washington Medical Clinic Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 101% of the total. Other salaries and wages came to $927k. At year end it held assets of $194k against liabilities of $2.3m, net assets of -$2.1m. It reported 123 employees.