Martin Housing Corporation

Analysis

Martin Housing Corporation is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Martin Housing Corporation reported income of $131k and spending of $121k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $72k to $131k (+82%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Housing Corporation 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 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Dharma Project Inc ($131k), Kids Charities ($131k) and Citizens for a Better Eastern Shore ($131k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $210k against liabilities of $199k, net assets of $11k.