Morning Star Rising Inc

Analysis

Morning Star Rising Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Morning Star Rising Inc reported income of $1.6m and spending of $1.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.6m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morning Star Rising Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Play School Day Care Center Inc ($1.6m), Joy Bus ($1.6m) and Shore Legal Access Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $87k (5.0% of expenses). Other salaries and wages came to $680k. At year end it held assets of $5.8m against liabilities of $78k, net assets of $5.7m. It reported 24 employees.