Martinsburg Community Fund
Analysis
Martinsburg Community Fund is a registered charity in United States, based in Martinsburg, PA. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2024, Martinsburg Community Fund reported income of $57k and spending of $51k, spending 90% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $54k to $57k (+5.9%), an average of +5.9% a year. Over the whole period it spent 90% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Martinsburg Community Fund sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Columbus Lions Club Foundation ($57k), Grimes Community Foundation ($57k) and Junior Auxiliary of Vermilion Louisiana Inc ($57k).
On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Columbus Lions Club Foundation | Columbus | $57k |
| Grimes Community Foundation | Dallas Center | $57k |
| Junior Auxiliary of Vermilion Louisiana Inc | Abbeville | $57k |
| Tonopah Development Corporation | Tonopah | $57k |