Morris County Collaborative

Analysis

Morris County Collaborative is a registered charity in United States, based in Daingerfield, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 July 2023, Morris County Collaborative reported income of $198k and spending of $188k, spending 95% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $89k to $198k (+123%), an average of +123% a year. The sharpest change came in the year to July 2023, when income rose by 123%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Morris County Collaborative 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 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include New England Association for Financial Professionals Inc ($198k), Advance Dekalb Inc ($198k) and Community Based Organization Partners ($198k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.