Marthas Vineyard Center for Living Inc

Analysis

Marthas Vineyard Center for Living Inc is a registered charity in United States, based in Vineyard HVN, MA. It received its IRS tax-exemption ruling in March 2024, 2 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 June 2023, Marthas Vineyard Center for Living Inc reported income of $1.1m and spending of $766k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $786k to $1.1m (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marthas Vineyard Center for Living Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Kahrizak Foundation ($1.1m), Domestic Violence Resource Center of South County Inc ($1.1m) and Great Wall China Adoption Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $408k. At year end it held assets of $2.2m against liabilities of $4,333, net assets of $2.2m. It reported 16 employees.