Murdock Fund Trustees

Analysis

Murdock Fund Trustees is a registered charity in United States, based in Winchendon, MA. It received its IRS tax-exemption ruling in November 1934, 92 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Murdock Fund Trustees reported income of $176k and spending of $212k, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $194k to $176k (-9.1%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income rose by 205%. Over the whole period it spent 122% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Murdock Fund Trustees sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Affordable for Ny Inc ($176k), Hand Surgery Endowment Charitable Foundation ($176k) and Steps Together ($176k).

Compensation of current officers, directors and key employees was $5,100 (2.4% of expenses). At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.

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.