John Martins Foundation

Analysis

John Martins Foundation is a registered charity in United States, based in N Smithfield, RI. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, John Martins Foundation reported income of $95k and spending of $86k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $95k (+2.7%), an average of +2.7% a year. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John Martins Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within RI. Charities of a similar size with the same main cause include Shamrock Cultural Charities Inc ($95k), Jeff Cohen Charitable Foundation ($95k) and Consolidated Electric Foundation Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.