Morning Light Foundation Inc

Analysis

Morning Light Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Morning Light Foundation Inc reported income of $285k and spending of $399k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $757k to $285k (-62%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morning Light Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Bike the US for Ms Inc ($285k), Maddie Kramer Foundation ($285k) and Survivor Fitness Foundation ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $139k (35% of expenses). Other salaries and wages came to $88k. At year end it held assets of $3.6m against liabilities of $2,738, net assets of $3.6m. It reported 3 employees.