Morning Calm Inc

Analysis

Morning Calm Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Morning Calm Inc reported income of $191k and spending of $194k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $167k to $191k (+15%), an average of +4.7% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Morning Calm Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Union Senior Residents Housing Corporation ($191k), Notre Dame Living Center Inc ($191k) and Asi Freeport Inc ($191k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $35k. At year end it held assets of $897k against liabilities of $1.4m, net assets of -$492k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.