Morehouse Community Improvement Organization Inc

Analysis

Morehouse Community Improvement Organization Inc is a registered charity in United States, based in Bastrop, LA. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Morehouse Community Improvement Organization Inc reported income of $3.2m and spending of $3.7m, spending 114% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.8m to $3.2m (+16%), an average of +3.8% a year. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morehouse Community Improvement Organization Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Fiorello H Laguardia Community College Auxiliary Enterprises Corp ($3.2m), The Institute of Buddhist Studies Inc ($3.2m) and Redwood Coast Montessori ($3.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $1.8m against liabilities of $340k, net assets of $1.4m. It reported 80 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.