Martha Lloyd School Inc
Analysis
Martha Lloyd School Inc is a registered charity in United States, based in Troy, PA. It received its IRS tax-exemption ruling in July 1938, 88 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Martha Lloyd School Inc reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.6m (+16%), an average of +5.0% a year. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martha Lloyd School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include A Chance in Life Inc ($2.6m), Joplin Family Y ($2.6m) and Humboldt County Fair ($2.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $306k (13% of expenses). Other salaries and wages came to $729k. At year end it held assets of $9.7m against liabilities of $1.3m, net assets of $8.4m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.4%
- Program services 36%
- Other 60%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A Chance in Life Inc | Staten Island | $2.6m |
| Joplin Family Y | Joplin | $2.6m |
| Humboldt County Fair | Ferndale | $2.6m |
| Manna Food Bank Incorporated | Pensacola | $2.6m |