Morgan County Family Center Inc

Analysis

Morgan County Family Center Inc is a registered charity in United States, based in Fort Morgan, CO. It received its IRS tax-exemption ruling in December 1995, 31 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, Morgan County Family Center Inc reported income of $2.1m and spending of $1.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $917k to $2.1m (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morgan County Family Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include First Rock Baptist Church ($2.1m), Crystal Run Village Foundation Inc ($2.1m) and Greer Relief & Resources Agency ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $80k (4.1% of expenses). Other salaries and wages came to $774k. At year end it held assets of $1.0m against liabilities of $221k, net assets of $795k. It reported 23 employees.