Martinsburg Union Rescue Mission Inc

Analysis

Martinsburg Union Rescue Mission Inc is a registered charity in United States, based in Martinsburg, WV. It received its IRS tax-exemption ruling in November 1966, 60 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Martinsburg Union Rescue Mission Inc reported income of $1.8m and spending of $998k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $783k to $1.8m (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Martinsburg Union Rescue Mission Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include Villa Mercede Community Urban Redevelopment Corporation ($1.8m), Capitol Area Community Development Corporation ($1.8m) and Neighborhood Capital Funding Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 17% of the total. Other salaries and wages came to $318k. At year end it held assets of $7.5m against liabilities of $0, net assets of $7.5m. It reported 18 employees.