Father Dan Morales Endowment

Analysis

Father Dan Morales Endowment is a registered charity in United States, based in Port O Connor, TX. It received its IRS tax-exemption ruling in June 2021, 5 years ago. 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, Father Dan Morales Endowment reported income of $112k and spending of $27k, leaving 76% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $112k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Father Dan Morales Endowment sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Friends of the Eastern California Museum ($112k), New Millenium Community Development Corporation ($112k) and PTA Colorado Congress ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.