Martin Pollak Project Inc

Analysis

Martin Pollak Project Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in November 1980, 46 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 2023, Martin Pollak Project Inc reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $3.0m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Pollak Project Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Manifold for Charity ($3.0m), Pasadena Senior Center ($3.0m) and The Center for Safer Communities ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $258k (8.5% of expenses). Other salaries and wages came to $878k. At year end it held assets of $1.7m against liabilities of $627k, net assets of $1.1m. It reported 39 employees.