Urquhart Memorial Foundation

Analysis

Urquhart Memorial Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover medical research, 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, Urquhart Memorial Foundation reported income of $65k and spending of $66k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $65k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Urquhart Memorial Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Drug & Alcohol Training Inc ($65k), Memorial Clinics Inc ($65k) and My Brothers Keeper RT ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.