Father Murphy Scholarship Fund

Analysis

Father Murphy Scholarship Fund is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2024, Father Murphy Scholarship Fund reported income of $59k and spending of $35k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $25k to $59k (+136%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 180%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Father Murphy Scholarship Fund sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Greater Fort Wayne Crime Stoppers Program Inc ($59k), Soundwall Music Camps Inc ($59k) and Allentown Rotary Club Foundation ($59k).

At year end it held assets of $634k against liabilities of $0, net assets of $634k.