Morning Center

Analysis

Morning Center is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2016, 10 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 (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 Center reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morning Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Monmouth Medical Center Southern Campus Foundation Inc ($1.7m), Winters Center for Autism Inc ($1.7m) and Cancer Carepoint Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $82k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $950k against liabilities of $161k, net assets of $789k. It reported 29 employees.