Morgans Inclusion Initiative

Analysis

Morgans Inclusion Initiative is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2020, 6 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, Morgans Inclusion Initiative reported income of $3.8m and spending of $6.1m, spending 163% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $14.4m to $3.8m (-74%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 83%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morgans Inclusion Initiative sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Beyond Emancipation ($3.8m), Urban Neighborhood Initiatives Inc ($3.8m) and Hispanos Unidos de Buffalo Incorporated ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $381k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $21.3m against liabilities of $10.6m, net assets of $10.7m. It reported 21 employees.