Friends of John B Murphy Elementary School

Analysis

Friends of John B Murphy Elementary School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1992, 34 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 August 2023, Friends of John B Murphy Elementary School reported income of $55k and spending of $46k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $36k to $55k (+51%), an average of +51% a year. The sharpest change came in the year to August 2023, when income rose by 51%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of John B Murphy Elementary School sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Seattle Peace Chorus ($55k), New Life Community Inc ($55k) and Al-Anon Information Service ($55k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.