Dr Murphy W McCaleb Educational Fund

Analysis

Dr Murphy W McCaleb Educational Fund is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Dr Murphy W McCaleb Educational Fund reported income of $276k and spending of $182k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $276k (+492%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 238%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dr Murphy W McCaleb Educational Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Catskill Regional Health Care Foundation Inc ($276k), Choices Pregnancy Resource Clinic Inc ($276k) and Port Canaveral Marine Firefighting Training Academy Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $32k (18% of expenses). Other salaries and wages came to $54k. At year end it held assets of $1.3m against liabilities of $174k, net assets of $1.1m. It reported 4 employees.