Murdoch Hockey Fund

Analysis

Murdoch Hockey Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Murdoch Hockey Fund reported income of $375k and spending of $348k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $206k to $375k (+82%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Murdoch Hockey Fund sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Chief Logan Recreational Center Inc ($375k), Via Velo Ltd ($375k) and Apex NW Volleyball Club ($375k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). Other salaries and wages came to $84k. At year end it held assets of $306k against liabilities of $93k, net assets of $213k.