Marthas Task Inc

Analysis

Marthas Task Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Marthas Task Inc reported income of $113k and spending of $118k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $113k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marthas Task Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include America Cares Too ($113k), Step Into Life Ministries Inc ($113k) and Community Food Pantry of Merrillinc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 11% of the total. Other salaries and wages came to $40k. At year end it held assets of $173k against liabilities of $745, net assets of $172k. It reported 2 employees.