Logan Martin Charity Foundation

Analysis

Logan Martin Charity Foundation is a registered charity in United States, based in Cropwell, AL. It received its IRS tax-exemption ruling in June 2016, 10 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, Logan Martin Charity Foundation reported income of $196k and spending of $194k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $136k to $196k (+45%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Logan Martin Charity Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Iqor Qares Corp ($196k), Buffalo County Agricultural Fair Association Inc ($196k) and Smith Mountain Lake Charity Home Tour Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.