Murrieta School District Educational Facilities Corporation

Analysis

Murrieta School District Educational Facilities Corporation is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in November 1988, 38 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, Murrieta School District Educational Facilities Corporation reported income of $785k and spending of $774k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $775k to $785k (+1.3%), an average of +0.3% a year. Over the whole period it spent 174% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Murrieta School District Educational Facilities Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Northwest Youth Music Association ($785k), River Ridge Learning Center Inc ($785k) and College Aim Inc ($785k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.