Volunteer Center of Morgan County

Analysis

Volunteer Center of Morgan County is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in March 1972, 54 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, Volunteer Center of Morgan County reported income of $117k and spending of $134k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $150k to $117k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Volunteer Center of Morgan County 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 41st percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include Howard Community Healthcare Foundation Inc ($117k), Decatur Morgan County Minority Development Assn ($117k) and Friends of Brookside Gardens Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $63k. At year end it held assets of $208k against liabilities of $2,254, net assets of $206k. It reported 3 employees.