Morven Park Inc

Analysis

Morven Park Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in November 2016, 10 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, Morven Park Inc reported income of $232k and spending of $284k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $375k to $232k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morven Park Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Gabriels House Inc ($232k), Santa Ynez Valley Youth Recreation ($232k) and Turkic Foundation of Brooklyn Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. At year end it held assets of $478k against liabilities of $54k, net assets of $424k.