Brandel-Murphy Youth Foundation Inc

Analysis

Brandel-Murphy Youth Foundation Inc is a registered charity in United States, based in W Hempstead, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Brandel-Murphy Youth Foundation Inc reported income of $60k and spending of $43k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $41k to $60k (+45%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brandel-Murphy Youth Foundation Inc sits at the 29th percentile: it is larger than about 29% 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 Give2cuba ($60k), Mac Angels Foundation Inc ($60k) and The Julius Foundation ($60k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $259k against liabilities of $1,812, net assets of $257k.