Martin Trust Partnership in Education for Early Learners Inc
Analysis
Martin Trust Partnership in Education for Early Learners Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Martin Trust Partnership in Education for Early Learners Inc reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $650k to $2.8m (+336%), an average of +63% a year. The sharpest change came in the year to June 2022, when income rose by 257%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Martin Trust Partnership in Education for Early Learners Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Coulee Region Christian School Association Inc ($2.8m), The Visual Arts Center of Richmond ($2.8m) and St Elizabeths School ($2.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $422k (15% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $5.2m against liabilities of $184k, net assets of $5.0m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Coulee Region Christian School Association Inc | West Salem | $2.8m |
| The Visual Arts Center of Richmond | Richmond | $2.8m |
| St Elizabeths School | Denver | $2.8m |
| Blue Lake Pre School Inc | Carbondale | $2.8m |