J M Murray Foundation Inc

Analysis

J M Murray Foundation Inc is a registered charity in United States, based in Cortland, NY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, 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, J M Murray Foundation Inc reported income of $168k and spending of $662, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $527k to $168k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 1.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, J M Murray Foundation Inc 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 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Phelps County Faith Distribution Inc ($168k), Curvy Girls Foundation Inc ($168k) and Divine Finds Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $687k against liabilities of $0, net assets of $687k.