Marthas House Inc

Analysis

Marthas House Inc is a registered charity in United States, based in Hemingway, SC. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Marthas House Inc reported income of $364k and spending of $339k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $364k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marthas House Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Rockland Mha Holding Inc ($364k), Habitat for Humanity International Inc ($364k) and Leading Age Nebraska ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $131k. At year end it held assets of $946k against liabilities of $0, net assets of $946k. It reported 3 employees.