Morgan Hoffmann Foundation

Analysis

Morgan Hoffmann Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Hoffmann Foundation reported income of $406k and spending of $287k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $953k to $406k (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morgan Hoffmann Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Grace Christian Counseling Center ($406k), Southwest Health Foundation ($406k) and Maji Ya Chai Land Sanctuary ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 134% of the total. Other salaries and wages came to $95k. It paid $15k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $2,852, net assets of $2.2m.