The Murray Foundation Inc
The Murray Foundation Inc shows strong asset growth and no officer compensation, with volatile but increasing revenue.
EIN: 133421590 · Wilton, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $257K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.7 |
| Net Assets | $3.8M |
| Transparency Score | 90/100 |
Is The Murray Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Murray Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Murray Foundation Inc
The Murray Foundation Inc (EIN: 133421590) is a nonprofit organization based in Wilton, CT. The organization reported total revenue of $193K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Murray Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Murray Foundation Inc is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $257K |
| Surplus / Deficit | +$1.5M |
| Total Assets | $3.8M |
| Total Liabilities | $1 |
| Net Assets | $3.8M |
| Operating Margin | 85.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 176.0 months |
Financial Health Grade: A
In 2023, The Murray Foundation Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 176.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +136.3% | +75.7% | +66.3% |
| 2022 | +99.2% | -28.9% | +11.6% |
| 2021 | +1204.8% | +382.7% | +8.9% |
| 2020 | -63.6% | -45.2% | -4.1% |
| 2019 | -53.6% | -73.3% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Murray Foundation Inc with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 0%
According to IRS 990 filings, The Murray Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly favorable, suggesting all operational expenses are directed towards administrative needs or program delivery, especially for an organization with assets exceeding $3.7 million.
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 The Murray Foundation Inc's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to benchmark against similar organizations or understand its specific programmatic focus.
Strengths
The following positive indicators were identified for The Murray Foundation Inc:
- Strong Asset Base: Assets of $3,763,946 in 2023 provide significant financial stability.
- Minimal Liabilities: Liabilities of only $1 in 2023 indicate excellent financial management and low risk.
- No Officer Compensation: Consistently reporting 0% officer compensation across all filings demonstrates a strong commitment to directing funds towards its mission.
- Consistent Transparency: A history of 10 IRS 990 filings shows a commitment to transparency and regulatory compliance.
- Significant Revenue Growth: Revenue increased substantially to $1,758,397 in 2023, indicating strong fundraising or investment performance.
Frequently Asked Questions about The Murray Foundation Inc
Is The Murray Foundation Inc a legitimate charity?
The Murray Foundation Inc (EIN: 133421590) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $193K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does The Murray Foundation Inc spend its money?
The Murray Foundation Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Murray Foundation Inc tax-deductible?
The Murray Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133421590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Murray Foundation Inc CEO make?
The Murray Foundation Inc's highest-compensated officer earns $3.7 annually. The organization reported $193K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is The Murray Foundation Inc located?
The Murray Foundation Inc is headquartered in Wilton, Connecticut and files with the IRS under EIN 133421590.
How many years of IRS 990 filings does The Murray Foundation Inc have?
The Murray Foundation Inc 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 $193K in total revenue.
Is The Murray Foundation Inc a good charity?
Based on the available data, The Murray Foundation Inc appears to be a very good charity. It has strong financial health with substantial assets ($3,763,946 in 2023) and minimal liabilities ($1 in 2023). Crucially, it reports 0% officer compensation, indicating that funds are not being used for executive salaries. Its consistent IRS 990 filings also demonstrate transparency.
How has The Murray Foundation Inc's financial health changed over time?
The foundation's financial health has significantly improved, particularly in recent years. Assets have grown from $2,296,932 in 2011 to $3,763,946 in 2023. Revenue has been volatile but saw a massive increase to $1,758,397 in 2023, while expenses have remained relatively controlled, leading to substantial net assets.
What is the primary use of The Murray Foundation Inc's funds?
Given the 0% officer compensation and the nature of a foundation, it is highly probable that the primary use of funds is for grants to other organizations or direct program services, with a smaller portion allocated to essential administrative overhead. The available data does not provide a detailed breakdown of program vs. administrative expenses, but the lack of executive pay suggests a strong mission focus.
Filing History
IRS 990 filing history for The Murray Foundation Inc showing financial trends over 10 years of public records:
Total assets increased by 63.9% over the same period, from $2.3M to $3.8M. Total functional expenses rose by 74.4%, from $147K to $257K. In its most recent filing year (2023), The Murray Foundation Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $257K | $3.8M | $1 | — | — |
| 2022 | $744K | $146K | $2.3M | $1 | — | View 990 |
| 2021 | $373K | $205K | $2.0M | $1 | — | View 990 |
| 2020 | $29K | $43K | $1.9M | $1 | — | — |
| 2019 | $79K | $78K | $1.9M | $0 | — | View 990 |
| 2015 | $170K | $290K | $1.9M | $0 | — | View 990 |
| 2014 | $119K | $103K | $2.1M | $1 | — | View 990 |
| 2013 | $78K | $153K | $2.1M | $1 | — | View 990 |
| 2012 | $26K | $197K | $2.1M | $1 | — | View 990 |
| 2011 | $-124,231 | $147K | $2.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $257K, and assets of $3.8M (revenue +136.3% year-over-year).
- 2022: Revenue of $744K, expenses of $146K, and assets of $2.3M (revenue +99.2% year-over-year).
- 2021: Revenue of $373K, expenses of $205K, and assets of $2.0M (revenue +1204.8% year-over-year).
- 2020: Revenue of $29K, expenses of $43K, and assets of $1.9M (revenue -63.6% year-over-year).
- 2019: Revenue of $79K, expenses of $78K, and assets of $1.9M (revenue -53.6% year-over-year).
- 2015: Revenue of $170K, expenses of $290K, and assets of $1.9M (revenue +42.9% year-over-year).
- 2014: Revenue of $119K, expenses of $103K, and assets of $2.1M (revenue +51.5% year-over-year).
- 2013: Revenue of $78K, expenses of $153K, and assets of $2.1M (revenue +196.8% year-over-year).
- 2012: Revenue of $26K, expenses of $197K, and assets of $2.1M.
- 2011: Revenue of $-124,231, expenses of $147K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Murray Foundation Inc:
Data Sources and Methodology
This transparency report for The Murray Foundation Inc 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.