The James G Martin Center for Academic Renewal

Analysis

The James G Martin Center for Academic Renewal is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, The James G Martin Center for Academic Renewal reported income of $749k and spending of $724k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $611k to $749k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2024, when income rose by 261%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The James G Martin Center for Academic Renewal sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include 13 Ugly Men Foundation Inc ($749k), The Centurions ($749k) and Pine Haven Boys Center Foundation ($748k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $142k (20% of expenses). Other salaries and wages came to $268k. It paid $21k in professional fundraising fees. At year end it held assets of $528k against liabilities of $96k, net assets of $432k. It reported 12 employees.