Marthas Vineyard Foundation Inc

Analysis

Marthas Vineyard Foundation Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Vineyard Foundation Inc reported income of $292k and spending of $292k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $614k to $292k (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marthas Vineyard Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Therapy and Counseling Services ($292k), Center Point Ambulance Service Inc ($292k) and Lisas Army Inc ($292k).

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 $28k. At year end it held assets of $1.4m against liabilities of $297k, net assets of $1.1m. It reported 2 employees.