Murdoch Center Foundation Inc

Analysis

Murdoch Center Foundation Inc is a registered charity in United States, based in Butner, NC. It received its IRS tax-exemption ruling in August 1985, 41 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 December 2023, Murdoch Center Foundation Inc reported income of $65k and spending of $62k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $22k to $65k (+197%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 295%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Murdoch Center Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Masonic Charities of Arizona ($65k), 1794 Meetinghouse Inc ($65k) and Boston Womens Health Book Collective Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.