Murphys Produce with Purpose

Analysis

Murphys Produce with Purpose is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Murphys Produce with Purpose reported income of $97k and spending of $21k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $188k to $97k (-49%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Murphys Produce with Purpose sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Bridge Network Corp ($97k), Friends of St Annes Girls School Fund - Kapkemich ($97k) and Urban Partners Los Angeles Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.