Murden Rickenbacker Hugginscharitable Foundation

Murden Rickenbacker Hugginscharitable Foundation consistently operates at a deficit, drawing down assets over the past decade.

EIN: 206764399 · Cayce, SC · NTEE: T20 · Updated: 2026-03-28

$41KRevenue
$428KAssets
55/100Mission Score (Fair)
T20
Murden Rickenbacker Hugginscharitable Foundation Financial Summary
MetricValue
Total Revenue$41K
Total Expenses$33K
Program Spending80%
Net Assets$433K
Transparency Score55/100

Search Intent Cockpit

Murden Rickenbacker Hugginscharitable Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Murden Rickenbacker Hugginscharitable Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Murden Rickenbacker Hugginscharitable Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $25K and expenses of $33K.

Revenue and Expenses

Murden Rickenbacker Hugginscharitable Foundation reported $25K in revenue and $33K in expenses, a deficit of $7K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

55/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Murden Rickenbacker Hugginscharitable Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Murden Rickenbacker Hugginscharitable Foundation Expense Deployment
Program services$26K (80%)

Across stored filings, Murden Rickenbacker Hugginscharitable Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

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Murden Rickenbacker Hugginscharitable Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Sigma Delta PiSouth Carolina and Philanthropy context

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Murden Rickenbacker Hugginscharitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Murden Rickenbacker Hugginscharitable Foundation

Murden Rickenbacker Hugginscharitable Foundation (EIN: 206764399) is a nonprofit organization based in Cayce, SC, classified under NTEE code T20. The organization reported total revenue of $41K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Murden Rickenbacker Hugginscharitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Murden Rickenbacker Hugginscharitable Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$25K
Total Expenses$33K
Surplus / Deficit$-7,300
Total Assets$433K
Total Liabilities$1
Net Assets$433K
Operating Margin-28.7%
Debt-to-Asset Ratio0.0%
Months of Reserves158.5 months

Financial Health Grade: B

In 2023, Murden Rickenbacker Hugginscharitable Foundation reported a deficit of $7K with expenses exceeding revenue, holds 158.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Murden Rickenbacker Hugginscharitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+99.4%-6.1%-1.7%
2022-23.2%-6.8%-4.8%
2021+49.7%+5.3%-4.4%
2020-58.0%-4.0%-6.0%
2019+12.2%-0.2%-7.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Murden Rickenbacker Hugginscharitable Foundation exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For example, in 2023, the organization reported $25,469 in revenue against $32,769 in expenses, and similar patterns are visible across most of its filing history. This has led to a steady decline in assets, from $551,419 in 2011 to $432,739 in 2023. While the organization maintains a very low liability profile ($1 in most years), its long-term financial sustainability is questionable given the persistent spending beyond its income. The NTEE code T20 suggests a focus on grantmaking, and without detailed expense breakdowns, it's difficult to fully assess spending efficiency beyond the overall deficit. The absence of officer compensation is a positive indicator of resource allocation, but the overall financial trajectory warrants close monitoring. Regarding transparency, the consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance. However, without more detailed information on program activities and specific expense categories beyond the summary data, a comprehensive assessment of programmatic impact and administrative overhead is limited. The foundation's small size and consistent asset base, despite the deficits, suggest it may be drawing down an endowment or principal over time. Further detail on the nature of its revenue (e.g., investment income vs. donations) and the specific grants or programs it supports would enhance transparency and allow for a more nuanced understanding of its financial health and mission effectiveness.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Murden Rickenbacker Hugginscharitable Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Murden Rickenbacker Hugginscharitable Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$25KTotal Revenue
$33KTotal Expenses
$433KTotal Assets
$1Total Liabilities
$433KNet Assets
  • The organization reported a deficit of $7K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is a positive sign for resource allocation to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Murden Rickenbacker Hugginscharitable Foundation's IRS 990 filings:

  • Consistent operating deficits, with expenses exceeding revenue in most years (e.g., 2023: $25,469 revenue vs. $32,769 expenses).
  • Steady decline in total assets over the past decade, from $551,419 in 2011 to $432,739 in 2023, indicating a draw-down of principal.
  • Lack of detailed expense breakdown beyond total expenses, making it difficult to assess specific program vs. administrative spending efficiency.

Strengths

The following positive indicators were identified for Murden Rickenbacker Hugginscharitable Foundation:

  • Zero officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
  • Very low liabilities ($1 in most years), demonstrating strong financial control over debt.
  • Consistent filing of IRS Form 990s over a decade, indicating good regulatory compliance and transparency in reporting.

Frequently Asked Questions about Murden Rickenbacker Hugginscharitable Foundation

Is Murden Rickenbacker Hugginscharitable Foundation a legitimate charity?

Murden Rickenbacker Hugginscharitable Foundation (EIN: 206764399) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $41K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Murden Rickenbacker Hugginscharitable Foundation spend its money?

Murden Rickenbacker Hugginscharitable Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Murden Rickenbacker Hugginscharitable Foundation tax-deductible?

Murden Rickenbacker Hugginscharitable Foundation is registered as a tax-exempt nonprofit (EIN: 206764399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Murden Rickenbacker Hugginscharitable Foundation's spending goes to programs?

Murden Rickenbacker Hugginscharitable Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Murden Rickenbacker Hugginscharitable Foundation compare to similar nonprofits?

With a transparency score of 55/100 (Fair), Murden Rickenbacker Hugginscharitable Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Murden Rickenbacker Hugginscharitable Foundation located?

Murden Rickenbacker Hugginscharitable Foundation is headquartered in Cayce, South Carolina and files with the IRS under EIN 206764399. It is classified under NTEE code T20.

How many years of IRS 990 filings does Murden Rickenbacker Hugginscharitable Foundation have?

Murden Rickenbacker Hugginscharitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $41K in total revenue.

Is Murden Rickenbacker Hugginscharitable Foundation financially sustainable?

Based on the consistent operating deficits (e.g., $25,469 revenue vs. $32,769 expenses in 2023) and the steady decline in assets from $551,419 in 2011 to $432,739 in 2023, the foundation's current financial model appears unsustainable in the long term without a significant increase in revenue or reduction in expenses.

What is the primary source of the foundation's revenue?

The provided data only shows total revenue. Without a breakdown of revenue sources (e.g., contributions, investment income), it's unclear if the foundation relies on donations, endowment returns, or other income streams.

How does the foundation manage its liabilities?

The foundation consistently reports very low liabilities, typically $1 across most filing periods, indicating strong financial management in terms of debt and obligations.

Filing History

IRS 990 filing history for Murden Rickenbacker Hugginscharitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Murden Rickenbacker Hugginscharitable Foundation's revenue has grown by 69.8%, moving from $15K to $25K. Total assets decreased by 21.5% over the same period, from $551K to $433K. Total functional expenses rose by 79.2%, from $18K to $33K. In its most recent filing year (2023), Murden Rickenbacker Hugginscharitable Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $433K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $433K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $25K $33K $433K $1
2022 $13K $35K $440K $1
2021 $17K $37K $462K $1
2020 $11K $36K $484K $1 View 990
2019 $26K $37K $514K $1
2015 $24K $37K $555K $1 View 990
2014 $46K $36K $569K $1 View 990
2013 $54K $36K $558K $1 View 990
2012 $22K $32K $541K $0 View 990
2011 $15K $18K $551K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $25K, expenses of $33K, and assets of $433K (revenue +99.4% year-over-year).
  • 2022: Revenue of $13K, expenses of $35K, and assets of $440K (revenue -23.2% year-over-year).
  • 2021: Revenue of $17K, expenses of $37K, and assets of $462K (revenue +49.7% year-over-year).
  • 2020: Revenue of $11K, expenses of $36K, and assets of $484K (revenue -58.0% year-over-year).
  • 2019: Revenue of $26K, expenses of $37K, and assets of $514K (revenue +12.2% year-over-year).
  • 2015: Revenue of $24K, expenses of $37K, and assets of $555K (revenue -49.0% year-over-year).
  • 2014: Revenue of $46K, expenses of $36K, and assets of $569K (revenue -14.0% year-over-year).
  • 2013: Revenue of $54K, expenses of $36K, and assets of $558K (revenue +143.0% year-over-year).
  • 2012: Revenue of $22K, expenses of $32K, and assets of $541K (revenue +47.1% year-over-year).
  • 2011: Revenue of $15K, expenses of $18K, and assets of $551K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Murden Rickenbacker Hugginscharitable Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Murden Rickenbacker Hugginscharitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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