Martin-Boyd Christian Home Inc

Analysis

Martin-Boyd Christian Home Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 1984, 42 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, Martin-Boyd Christian Home Inc reported income of $5.1m and spending of $3.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.1m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin-Boyd Christian Home Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include League of Human Dignity Inc ($5.1m), Kingman County Retirement Home Association ($5.1m) and Mountain-Plains Youth Services Coalition ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $180k (4.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.8m against liabilities of $171k, net assets of $2.7m. It reported 133 employees.