Murphy Irish Arts Association

Analysis

Murphy Irish Arts Association is a registered charity in United States, based in University HT, OH. It received its IRS tax-exemption ruling in October 1993, 33 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 August 2023, Murphy Irish Arts Association reported income of $283k and spending of $280k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $66k to $283k (+331%), an average of +331% a year. The sharpest change came in the year to August 2023, when income rose by 331%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Murphy Irish Arts Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Boone County Fitness Center Inc ($283k), Ici Educational Foundation ($283k) and Fairport Baseball Inc ($283k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 95% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.