Marthas House Inc
Marthas House Inc shows consistent revenue growth and strong asset accumulation with zero reported liabilities and no officer compensation.
EIN: 202587262 · Hemingway, SC · NTEE: L40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $393K |
| Total Expenses | $339K |
| Program Spending | 90% |
| Net Assets | $946K |
| Transparency Score | 95/100 |
Is Marthas House Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marthas House Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marthas House Inc
Marthas House Inc (EIN: 202587262) is a nonprofit organization based in Hemingway, SC, classified under NTEE code L40. The organization reported total revenue of $393K and total assets of $994K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marthas House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marthas House Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $364K |
| Total Expenses | $339K |
| Surplus / Deficit | +$25K |
| Total Assets | $946K |
| Net Assets | $946K |
| Operating Margin | 6.9% |
| Months of Reserves | 33.5 months |
Financial Health Grade: A
In 2023, Marthas House Inc reported a surplus of $25K with revenue exceeding expenses, holds 33.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Marthas House Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +54.5% | +2.7% |
| 2022 | +6.6% | +14.1% | +12.5% |
| 2021 | +30.9% | +7.5% | +15.4% |
| 2020 | -1.3% | +9.2% | +7.8% |
| 2019 | +0.3% | +0.3% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marthas House Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Marthas House Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
Executive Compensation Analysis
Marthas House Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Marthas House Inc:
- Consistent revenue growth from $109,678 in 2014 to $363,986 in 2023.
- Strong asset growth from $355,623 in 2014 to $945,826 in 2023.
- Zero reported liabilities for the past four fiscal periods (2020-2023), indicating excellent financial stability.
- 0% officer compensation reported across all filings, demonstrating a high commitment to mission-focused spending.
- Expenses consistently well below revenue, allowing for healthy asset accumulation.
Frequently Asked Questions about Marthas House Inc
Is Marthas House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marthas House Inc (EIN: 202587262) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Marthas House Inc spend its money?
Marthas House Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marthas House Inc tax-deductible?
Marthas House Inc is registered as a tax-exempt nonprofit (EIN: 202587262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marthas House Inc's spending goes to programs?
Marthas House Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marthas House Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Marthas House Inc is above average for NTEE category L40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marthas House Inc located?
Marthas House Inc is headquartered in Hemingway, South Carolina and files with the IRS under EIN 202587262. It is classified under NTEE code L40.
How many years of IRS 990 filings does Marthas House Inc have?
Marthas House Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $393K in total revenue.
Is Marthas House Inc a good charity?
Based on the provided financial data, Marthas House Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth, excellent fiscal management with no liabilities, and a clear commitment to its mission by not paying officer compensation.
How has Marthas House Inc's revenue grown over time?
Marthas House Inc has shown significant revenue growth, increasing from $109,678 in 2014 to $363,986 in 2023, representing a substantial increase over the decade.
What is the organization's liability situation?
Marthas House Inc has reported $0 in liabilities for the past four fiscal periods (2020-2023), indicating exceptional financial stability and a debt-free operation.
Filing History
IRS 990 filing history for Marthas House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marthas House Inc's revenue has grown by 792.5%, moving from $41K to $364K. Total assets increased by 630.1% over the same period, from $130K to $946K. Total functional expenses rose by 1499.4%, from $21K to $339K. In its most recent filing year (2023), Marthas House Inc reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $364K | $339K | $946K | $0 | — | View 990 |
| 2022 | $322K | $219K | $921K | $0 | — | View 990 |
| 2021 | $302K | $192K | $819K | $0 | — | View 990 |
| 2020 | $231K | $179K | $709K | $0 | — | View 990 |
| 2019 | $234K | $164K | $658K | $4K | — | View 990 |
| 2018 | $233K | $163K | $592K | $9K | — | View 990 |
| 2017 | $259K | $132K | $528K | $13K | — | View 990 |
| 2016 | $150K | $130K | $407K | $20K | — | View 990 |
| 2015 | $145K | $110K | $387K | $20K | — | View 990 |
| 2014 | $110K | $81K | $356K | $24K | — | View 990 |
| 2013 | $87K | $61K | $332K | $29K | — | View 990 |
| 2012 | $178K | $31K | $313K | $36K | — | View 990 |
| 2011 | $41K | $21K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364K, expenses of $339K, and assets of $946K (revenue +13.2% year-over-year).
- 2022: Revenue of $322K, expenses of $219K, and assets of $921K (revenue +6.6% year-over-year).
- 2021: Revenue of $302K, expenses of $192K, and assets of $819K (revenue +30.9% year-over-year).
- 2020: Revenue of $231K, expenses of $179K, and assets of $709K (revenue -1.3% year-over-year).
- 2019: Revenue of $234K, expenses of $164K, and assets of $658K (revenue +0.3% year-over-year).
- 2018: Revenue of $233K, expenses of $163K, and assets of $592K (revenue -10.2% year-over-year).
- 2017: Revenue of $259K, expenses of $132K, and assets of $528K (revenue +73.1% year-over-year).
- 2016: Revenue of $150K, expenses of $130K, and assets of $407K (revenue +3.1% year-over-year).
- 2015: Revenue of $145K, expenses of $110K, and assets of $387K (revenue +32.5% year-over-year).
- 2014: Revenue of $110K, expenses of $81K, and assets of $356K (revenue +26.3% year-over-year).
- 2013: Revenue of $87K, expenses of $61K, and assets of $332K (revenue -51.2% year-over-year).
- 2012: Revenue of $178K, expenses of $31K, and assets of $313K (revenue +336.9% year-over-year).
- 2011: Revenue of $41K, expenses of $21K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marthas House Inc:
Data Sources and Methodology
This transparency report for Marthas House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.