Muirlands Foundation Inc

Analysis

Muirlands Foundation Inc is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in July 1989, 37 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 2023, Muirlands Foundation Inc reported income of $190k and spending of $118k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $262k to $190k (-28%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muirlands Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Izaak Walton League of America Inc Jefferson County Chapter ($190k), American Society of Heating Refrigerating & A-C Engineers ($190k) and Don Dickerman Ministries Inc ($190k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $521k against liabilities of $0, net assets of $521k.