Wallace S Murray and Frances Rabbitts Murray Memorial

Analysis

Wallace S Murray and Frances Rabbitts Murray Memorial is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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 December 2023, Wallace S Murray and Frances Rabbitts Murray Memorial reported income of $130k and spending of $5,655, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $18k to $130k (+604%), an average of +63% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wallace S Murray and Frances Rabbitts Murray Memorial sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Tax Foundation of Hawaii ($130k), Whitetails Unlimited Inc ($130k) and Harold E Marx Memorial Fund ($130k).

At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.