Murphy Education & Sports Foundation

Analysis

Murphy Education & Sports Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Murphy Education & Sports Foundation reported income of $96k and spending of $92k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $96k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Murphy Education & Sports Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within LA. Charities of a similar size with the same main cause include Searcy Youth Soccer Association 501c3 ($96k), Landover a T V Club Inc ($96k) and Carroll County Shooting Sports Park Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.