Morgan S Place Inc

Analysis

Morgan S Place Inc is a registered charity in United States, based in Millington, MI. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover health care, 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 July 2024, Morgan S Place Inc reported income of $109k and spending of $107k, spending 98% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $94k to $109k (+16%), an average of +16% a year. The sharpest change came in the year to July 2024, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morgan S Place Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Summit Life Outreach Center Inc ($109k), Friends of Rockingham County Aging Adults Inc ($109k) and Community Partners of Strafford County Foundation ($109k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,781 against liabilities of $0, net assets of $1,781.