Morlon Greenwood Foundation Inc

Analysis

Morlon Greenwood Foundation Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Morlon Greenwood Foundation Inc reported income of $94k and spending of $96k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $94k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 122% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Morlon Greenwood Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within NV. Charities of a similar size with the same main cause include Shelby County 4-H & Junior Fair ($94k), LHCLB ($94k) and Glenside Celtic Soccer Club Corp ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,353 against liabilities of $40k, net assets of -$36k.