John F Murphy No 1 Corp

Analysis

John F Murphy No 1 Corp is a registered charity in United States, based in Auburn, ME. It received its IRS tax-exemption ruling in April 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, John F Murphy No 1 Corp reported income of $112k and spending of $94k, spending 84% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $109k to $112k (+2.8%), an average of +2.8% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John F Murphy No 1 Corp 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 34th percentile within ME. Charities of a similar size with the same main cause include Duxbury Free Library Inc ($112k), PTA California Congress of Parents Teachers & Students Inc ($112k) and PTA Florida Congress of Parents and Teachers ($112k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $354k against liabilities of $35k, net assets of $319k.