Friends of Edward R Murrow High School Inc
Analysis
Friends of Edward R Murrow High School Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Edward R Murrow High School Inc reported income of $129k and spending of $99k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $138k to $129k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 82% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Edward R Murrow High School Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Kids on the Rise ($129k), East Buchanan Funds for the Future Inc ($129k) and Rangeview Library Friends Foundation Inc ($129k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. At year end it held assets of $313k against liabilities of $157k, net assets of $157k.
Income and spending
Where the income comes from
- Contributions & grants 8.6%
- Program services 91%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kids on the Rise | Crossville | $129k |
| East Buchanan Funds for the Future Inc | Winthrop | $129k |
| Rangeview Library Friends Foundation Inc | Thornton | $129k |
| St Ignatius School Foundation Inc | Meridian | $129k |