Morland Community Foundation Inc

Analysis

Morland Community Foundation Inc is a registered charity in United States, based in Morland, KS. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Morland Community Foundation Inc reported income of $142k and spending of $135k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $142k (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morland Community Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within KS. Charities of a similar size with the same main cause include Mineola Lions Club Foundation Inc ($142k), National Association of Charitable Gift Planners ($142k) and PG Charities ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. Other salaries and wages came to $51k. At year end it held assets of $764k against liabilities of $946, net assets of $763k. It reported 4 employees.