Arco Murray Charitable Corporation

Analysis

Arco Murray Charitable Corporation is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arco Murray Charitable Corporation reported income of $127k and spending of $131k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $127k (+4.5%), an average of +4.5% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arco Murray Charitable Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Cars for Charities Co ($127k), Camp Cambria Foundation ($127k) and Matthew Foster Foundation ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.