Center for Sacred Studies Morningstar Foundation

Analysis

Center for Sacred Studies Morningstar Foundation is a registered charity in United States, based in Guerneville, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Sacred Studies Morningstar Foundation reported income of $297k and spending of $351k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $890k to $297k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Center for Sacred Studies Morningstar Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include James Ward Ministries ($297k), Ancora Ministries Inc ($297k) and Dell Loy Hansen Heart Foundation Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). Other salaries and wages came to $43k. At year end it held assets of $114k against liabilities of $148k, net assets of -$35k. It reported 7 employees.