Jack Martin Fund Inc

Analysis

Jack Martin Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1954, 72 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Jack Martin Fund Inc reported income of $694k and spending of $408k, leaving 41% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $484k to $694k (+43%), an average of +9.4% a year. The sharpest change came in the year to April 2022, when income rose by 84%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jack Martin Fund Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Pregnancy Resource Clinic of North Penn ($694k), Me Fine Foundation ($694k) and North Canaan Volunteer Ambulance Corp ($693k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.