Murphy Mentoring Group

Analysis

Murphy Mentoring Group is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Murphy Mentoring Group reported income of $451k and spending of $450k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $211k to $451k (+114%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Murphy Mentoring Group sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Empower the Village Inc ($450k), Pastoral Counseling Centers of Massachusetts Inc ($451k) and Amiina Ministries - Uganda ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). At year end it held assets of $547k against liabilities of $951k, net assets of -$404k. It reported 2 employees.