Murray State College Foundation Inc

Analysis

Murray State College Foundation Inc is a registered charity in United States, based in Tishomingo, OK. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Murray State College Foundation Inc reported income of $167k and spending of $440k, spending 263% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $797k to $167k (-79%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 69%. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Murray State College Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OK. Charities of a similar size with the same main cause include Selah Academy Inc ($167k), Cherry Crest Parent Teacher Association ($167k) and Foster Youth Education Fund ($167k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 190% and program service revenue 144% of the total. At year end it held assets of $7.1m against liabilities of $3.1m, net assets of $4.0m.