Morgridge Institute Foundation Inc

Analysis

Morgridge Institute Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Morgridge Institute Foundation Inc reported income of $44.2m and spending of $21.8m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $22.7m to $44.2m (+94%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 17236%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morgridge Institute Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Mather Foundation ($44.2m), Allina Health Foundation ($44.2m) and Freeport Regional Health Care Found Ation ($44.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $520.5m against liabilities of $25.3m, net assets of $495.2m.