Macmurray Foundation & Alumni Association NFP

Analysis

Macmurray Foundation & Alumni Association NFP is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Macmurray Foundation & Alumni Association NFP reported income of $184k and spending of $150k, spending 82% of its income. Across the 2 years on record, from April 2022 to April 2023, income fell from $427k to $184k (-57%), an average of -57% a year. The sharpest change came in the year to April 2023, when income dropped by 57%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Macmurray Foundation & Alumni Association NFP sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include SWFL Childrens Charities Inc ($184k), Music 4 Miracles Inc ($184k) and Charlottesville Police Department Foundation ($184k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 91% and program service revenue 2.1% of the total. At year end it held assets of $518k against liabilities of $59k, net assets of $459k. It reported 1 employees.