Malphurs Group Inc

Analysis

Malphurs Group Inc is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Malphurs Group Inc reported income of $166k and spending of $175k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $109k to $166k (+53%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Malphurs Group Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Friends of Missionaries of the Cross Foundation ($166k), Restoring Faith Inc ($166k) and Galilean Theological Center ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.