Morning Star Education Center

Analysis

Morning Star Education Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Morning Star Education Center reported income of $390k and spending of $361k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $390k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morning Star Education Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Mtelo Ministries ($390k), We Care Day Care Inc ($390k) and SBRM Support Corporation ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,120 (0.3% of expenses). Other salaries and wages came to $188k. At year end it held assets of $70k against liabilities of $28k, net assets of $42k. It reported 8 employees.