Morning Star Orphanage Inc

Analysis

Morning Star Orphanage Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 2021, 5 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 Orphanage Inc reported income of $96k and spending of $97k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $96k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morning Star Orphanage Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include My Service Dog ($96k), Kony Charities Inc ($96k) and Vestia Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,951 against liabilities of $0, net assets of $1,951.