Martin County Alliance for Economic Growth

Analysis

Martin County Alliance for Economic Growth is a registered charity in United States, based in Loogootee, IN. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Martin County Alliance for Economic Growth reported income of $299k and spending of $180k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $299k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Martin County Alliance for Economic Growth sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Startup San Diego ($299k), Junior League of Beaumont Texas ($299k) and New York State Tenants & Neighbors Information Service Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $89k. At year end it held assets of $323k against liabilities of $0, net assets of $323k. It reported 3 employees.