Morris Memorial Foundation

Analysis

Morris Memorial Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in October 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Morris Memorial Foundation reported income of $91k and spending of $60k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $91k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 1135%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morris Memorial Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Marian Cooper Community Foundation of Port Jervis ($91k), Charitable Foundation of the Energy Bar Association ($91k) and Mount Washington Valley Kiwanis Club Charitable Foundation ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.