Morgan Lewis Foundation

Analysis

Morgan Lewis Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Morgan Lewis Foundation reported income of $358k and spending of $531k, spending 148% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $237k to $358k (+51%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 472%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morgan Lewis Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Chanhassen Booster Club ($358k), Northeast Iowa Iornworkers Local 89 Joint Apprshp & TRNG Comm Trust ($358k) and Huron University College Foundation USA ($358k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.