Morning Pointe Foundation

Analysis

Morning Pointe Foundation is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Morning Pointe Foundation reported income of $170k and spending of $144k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $170k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Morning Pointe Foundation 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 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Lumberyard Arts Center Inc ($170k), Preservation Society of Nashville Inc ($170k) and Almanack Arts Colony Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $395k against liabilities of $0, net assets of $395k.