Martin Family Charity

Analysis

Martin Family Charity is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Martin Family Charity reported income of $159k and spending of $142k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $342k to $159k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 52% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Martin Family Charity sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Christ for Youth Charities Foundation ($159k), No Excuse - Chattanooga LLC ($160k) and Family Career and Community Leaders of America Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.