O P Morganthaler Foundation Inc

Analysis

O P Morganthaler Foundation Inc is a registered charity in United States, based in New PRT Rchy, FL. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, O P Morganthaler Foundation Inc reported income of $288k and spending of $151k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $70k to $288k (+314%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 2679%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, O P Morganthaler Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include First Lutheran Day Care Center Inc ($288k), Minnesota Peo Home Fund ($288k) and Interfaith Counseling Center Inc ($288k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $30k (20% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.8m against liabilities of $12k, net assets of $1.8m. It reported 4 employees.