Marthas House Inc

Analysis

Marthas House Inc is a registered charity in United States, based in Okeechobee, FL. It received its IRS tax-exemption ruling in August 1989, 37 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, Marthas House Inc reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $971k to $1.3m (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marthas House Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Josephine County Food Bank ($1.3m), Center on Deafness-Inland Empire Inc ($1.3m) and City Outreach Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $85k (7.4% of expenses). Other salaries and wages came to $613k. At year end it held assets of $812k against liabilities of $107k, net assets of $705k. It reported 25 employees.