Morgan Baptist Project Care Inc

Analysis

Morgan Baptist Project Care Inc is a registered charity in United States, based in Hartselle, AL. It received its IRS tax-exemption ruling in May 2005, 21 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, Morgan Baptist Project Care Inc reported income of $83k and spending of $76k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $109k to $83k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morgan Baptist Project Care Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include St Clair Shores Firefighters Fund ($83k), Boscobel Community Foundation Inc ($83k) and Friends of Hospice Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $237k against liabilities of $1,207, net assets of $236k.