Murdock Elementary School Foundation Inc

Analysis

Murdock Elementary School Foundation Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Murdock Elementary School Foundation Inc reported income of $55k and spending of $110k, spending 199% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $142k to $55k (-61%), an average of -61% a year. The sharpest change came in the year to May 2024, when income dropped by 61%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Murdock Elementary School Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Canton Football Club ($55k), Hanover High School Band Boosters ($55k) and Oregon High School Rodeo Association Inc ($55k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.