Martis Fund

Analysis

Martis Fund is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Martis Fund reported income of $2.9m and spending of $3.9m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Martis Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Maryland Coastal Bays Foundation Inc ($2.9m), Washington Maritime Blue ($2.9m) and Hilton Head Island Deep Well Project ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $56k. At year end it held assets of $17.0m against liabilities of $1.2m, net assets of $15.8m. It reported 1 employees.