Martins Run

Analysis

Martins Run is a registered charity in United States, based in Warminster, PA. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Martins Run reported income of $18.5m and spending of $20.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.0m to $18.5m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martins Run sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Hope Hospice ($18.5m), Clayton Early Learning ($18.5m) and Buckeye Community Services Incorporated ($18.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $150k (0.8% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $44.5m against liabilities of $52.2m, net assets of -$7.7m. It reported 370 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.