Morningstar Foundation for Adults with Autism Inc

Analysis

Morningstar Foundation for Adults with Autism Inc is a registered charity in United States, based in Cornville, AZ. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Morningstar Foundation for Adults with Autism Inc reported income of $146k and spending of $102k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $104k to $146k (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morningstar Foundation for Adults with Autism Inc 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 46th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include S O L I D ($146k), Mary Adeline Gardner Scholarship Fund ($146k) and West Oakland Mural Project ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $524k against liabilities of $136k, net assets of $388k.