Marthas Mission Cupboard Inc

Analysis

Marthas Mission Cupboard Inc is a registered charity in United States, based in Morehead City, NC. It received its IRS tax-exemption ruling in September 1988, 38 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 Mission Cupboard Inc reported income of $324k and spending of $105k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $324k (+224%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 301%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marthas Mission Cupboard Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Flourish Homes Incorporated ($324k), Silo Works ($324k) and Refuge City ($324k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.