Martin de Porres Foundation

Analysis

Martin de Porres Foundation is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in January 1951, 75 years ago. 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, Martin de Porres Foundation reported income of $1.3m and spending of $485k, leaving 61% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 547%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Martin de Porres Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.3m), Housing Capital Corporation of Virginia ($1.3m) and Cloverfield-Kingston House ($1.3m).

Other salaries and wages came to $22k. At year end it held assets of $14.7m against liabilities of $87k, net assets of $14.6m. It reported 1 employees.