Morning Star Food Ministry Inc
Analysis
Morning Star Food Ministry Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Morning Star Food Ministry Inc reported income of $308k and spending of $406k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $308k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morning Star Food Ministry Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Community Health Care Services Foundation Inc ($308k), Common Good of Preble County ($308k) and Community Grief Support Service ($308k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $33k (8.1% of expenses). Other salaries and wages came to $55k. At year end it held assets of $316k against liabilities of $24k, net assets of $292k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Health Care Services Foundation Inc | Albany | $308k |
| Common Good of Preble County | Eaton | $308k |
| Community Grief Support Service | Vestavia | $308k |
| Donley County Senior Citizens Inc | Clarendon | $308k |