Martin Living Corp

Analysis

Martin Living Corp is a registered charity in United States, based in Lillington, NC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, 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, Martin Living Corp reported income of $84k and spending of $29k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $84k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Living Corp sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include Ltlov ($84k), Road to Recovery Inc ($84k) and Share a Smile ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.