Community Foundation Martin St Lucie Inc

Analysis

Community Foundation Martin St Lucie Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in August 2000, 26 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, Community Foundation Martin St Lucie Inc reported income of $15.0m and spending of $4.0m, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $15.0m (+166%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Foundation Martin St Lucie Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Copeland Oaks ($15.0m), Metropolitan Inter-Faith Assoc ($15.0m) and Community Senior Services Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $184k (4.6% of expenses). Other salaries and wages came to $209k. At year end it held assets of $40.4m against liabilities of $1.3m, net assets of $39.1m. It reported 4 employees.