Tulane Murphy Foundation Inc

Analysis

Tulane Murphy Foundation Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Tulane Murphy Foundation Inc reported income of $5.8m and spending of $2.8m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.1m to $5.8m (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 155%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tulane Murphy Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Council on Tall Buildings and Urban Habitat ($5.8m), Tree of Life International Charter School ($5.8m) and Orangeburg High School for Health Professions ($5.8m).

At year end it held assets of $118.9m against liabilities of $0, net assets of $118.9m.