Marthas Foundation

Analysis

Marthas Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 2015, 11 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, Marthas Foundation reported income of $295k and spending of $209k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $295k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marthas Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Family Promise of the Lakeshore ($295k), Tal Children S Rescue Centers Inc ($295k) and Lake Forest-Lake Bluff Senior Citizens Foundation ($295k).

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 $143k. At year end it held assets of $140k against liabilities of $12k, net assets of $128k. It reported 10 employees.