Murray Edwards College
Analysis
Murray Edwards College is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in March 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).
In the financial year ending June 2024, Murray Edwards College reported income of $13.9m and spending of $14.8m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $12.0m to $13.9m (+16%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Murray Edwards College sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Donelson Christian Academy Inc ($13.9m), Earlham Foundation ($13.9m) and Mason Korea LLC ($13.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 61% of the total. At year end it held assets of $177.2m against liabilities of $19.0m, net assets of $158.2m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 61%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Donelson Christian Academy Inc | Nashville | $13.9m |
| Earlham Foundation | Richmond | $13.9m |
| Mason Korea LLC | Fairfax | $13.9m |
| Waterford Country School Incorporated | Quaker Hill | $13.9m |