The Martha Torok Charitable Trust

Analysis

The Martha Torok Charitable Trust is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in August 2016, 10 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Martha Torok Charitable Trust reported income of $86k and spending of $91k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $48k to $86k (+79%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 433%. Over the whole period it spent 96% 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 Martha Torok Charitable Trust sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Towing for Toys Inc ($86k), Campbell Chamber Community Foundation ($86k) and National Charity League Inc Space City Chapter ($86k).

At year end it held assets of $996k against liabilities of $0, net assets of $996k.