Morning Star Urban Development Inc

Analysis

Morning Star Urban Development Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in October 2022, 4 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 Urban Development Inc reported income of $149k and spending of $162k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $73k to $149k (+104%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 268%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morning Star Urban Development Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Hartford Yard Goats Charitable Foundation Inc ($149k), Ameen People Inc ($149k) and Keim Cares ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.