Martin Area Resource Center

Analysis

Martin Area Resource Center is a registered charity in United States, based in Martin, MI. It received its IRS tax-exemption ruling in December 1999, 27 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 December 2023, Martin Area Resource Center reported income of $175k and spending of $145k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $175k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Area Resource Center sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Sunshine Physically Handicapped Foundation ($175k), Cooperative Ministries Council ($175k) and Overton County Agricultural Fair Association Inc ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $25k (17% of expenses). At year end it held assets of $72k against liabilities of $1,725, net assets of $70k. It reported 1 employees.