Morelia Home for Children

Analysis

Morelia Home for Children is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Morelia Home for Children reported income of $217k and spending of $179k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $217k (-11%), an average of -5.9% a year. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Morelia Home for Children sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Kin International ($217k), Belize Project ($217k) and Seeds of Hope for Haiti Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $293k against liabilities of $259, net assets of $293k.