Friends of Bache Martin

Analysis

Friends of Bache Martin is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Bache Martin reported income of $194k and spending of $131k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $175k to $194k (+11%), an average of +11% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Bache Martin sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Southern Indiana Japanese School ($194k), Love We Dont See ($194k) and Islamic Schools League of America ($194k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $300k against liabilities of $7,811, net assets of $292k.