The Matinsburg Initiative Inc

Analysis

The Matinsburg Initiative Inc is a registered charity in United States, based in Martinsburg, WV. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, The Matinsburg Initiative Inc reported income of $769k and spending of $736k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $9,305 to $769k (+8161%), an average of +809% a year. The sharpest change came in the year to December 2022, when income rose by 3081%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Matinsburg Initiative Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Dickson Community Clinic Inc ($768k), Shalom Inc ($769k) and Union Township Life Squad Inc ($768k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,787 (0.5% of expenses). Other salaries and wages came to $273k. At year end it held assets of $151k against liabilities of $0, net assets of $151k.