Impact100 Martin Inc

Analysis

Impact100 Martin Inc is a registered charity in United States, based in Hobe Sound, FL. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Impact100 Martin Inc reported income of $542k and spending of $403k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $390k to $542k (+39%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact100 Martin Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Kares 4 Kids Partners Inc ($542k), Meals on Wheels ($542k) and Olean Food Pantry Incorporated ($542k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $307k against liabilities of $0, net assets of $307k.