Morrell Ministries

Analysis

Morrell Ministries is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Morrell Ministries reported income of $145k and spending of $93k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $200k to $145k (-28%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Morrell Ministries sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Shepherds Rest Ministries Inc ($145k), Peace Retreat House ($145k) and Move for God ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $497k against liabilities of $20k, net assets of $476k.