Martinyan Foundation

Analysis

Martinyan Foundation is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Martinyan Foundation reported income of $78k and spending of $26k, leaving 67% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.1m to $78k (-93%), an average of -73% a year. The sharpest change came in the year to December 2023, when income dropped by 96%. Over the whole period it spent 1.2% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martinyan Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Columbus Food Pantry Inc ($78k), Cosechando Felicidad Inc ($78k) and Lake Street Housing Corporation ($78k).

At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.