Morehouse Choice Accountable Care Organization and Education System

Analysis

Morehouse Choice Accountable Care Organization and Education System is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Morehouse Choice Accountable Care Organization and Education System reported income of $3.0m and spending of $2.9m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $744k to $3.0m (+298%), an average of +58% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morehouse Choice Accountable Care Organization and Education System sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Adams State University Foundation Inc ($3.0m), South Florida State College Foundation Inc ($3.0m) and Blueprint North Carolina ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $3.5m against liabilities of $3.2m, net assets of $288k. It reported 2 employees.