Murray Ridge Production Center Inc

Analysis

Murray Ridge Production Center Inc is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in July 1970, 56 years ago. 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, Murray Ridge Production Center Inc reported income of $1.6m and spending of $1.3m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.6m (+7.0%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income dropped by 41%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Murray Ridge Production Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include American Guild of Organists Ago ($1.6m), Young Mens Christian Association of Ottumwa Iowa ($1.6m) and International Joint Conference on Artificial Intelligence ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 86% of the total. Other salaries and wages came to $743k. At year end it held assets of $3.2m against liabilities of $27k, net assets of $3.2m. It reported 372 employees.