Morrisville Educational and Community Service Enterprise

Analysis

Morrisville Educational and Community Service Enterprise is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in February 2004, 22 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 June 2023, Morrisville Educational and Community Service Enterprise reported income of $161k and spending of $318k, spending 198% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $582k to $161k (-72%), an average of -72% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morrisville Educational and Community Service Enterprise sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Elbert County Coalition for Outreach ($161k), Minnesota Association for Pupil Transportation ($161k) and Hope for Women LLC ($161k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,349 against liabilities of $0, net assets of $4,349.