Morgan Hill Community Foundation

Analysis

Morgan Hill Community Foundation is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Hill Community Foundation reported income of $117k and spending of $71k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $117k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morgan Hill Community Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Colliers Engineering Foundation ($117k), Baltimore District Zionist Foundation Inc ($117k) and Rotary Club of Temecula Foundation ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $590k against liabilities of $3,000, net assets of $587k.