Joseph W Martin Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Joseph W Martin Trust is a 501(c)(3) organization based in Warren, Rhode Island, registered in 1941, with $181,158 in FY2024 revenue. CharityIndex grades it C+.
393 Market St, Warren, RI, 02885 EIN 05-6011809 Since 1941
Revenue (FY2024)
$181K
▲ 45.6% vs prior year
Expenses (FY2024)
$153K
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Joseph W Martin Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating192 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Joseph W Martin Trust: 192 mo reserves · +16% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Joseph W Martin Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Joseph W Martin Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 393 Market St, Warren, RI, 02885
- City
- Warren
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $96K (FY2019) to $181K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.4M
Operating margin
15.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $181,158▲45.6% | $153,052▲18.7% | $2,443,594▲1.2% | $2,443,594▲1.2% | 990PF |
| 2023 | $124,444▲28.3% | $128,930▼8.5% | $2,415,488▼0.2% | $2,415,488▼0.2% | 990PF |
| 2022 | $96,997▼57.5% | $140,910▼38.9% | $2,419,973▼1.9% | $2,419,973▼1.9% | 990PF |
| 2021 | $228,231▲74.0% | $230,493▲51.7% | $2,466,254 | $2,466,254 | 990PF |
| 2020 | $131,199▲37.0% | $151,927▲5.4% | $2,466,161 | $2,466,161 | 990PF |
| 2019 | $95,784 | $144,106 | $2,465,147 | $2,465,147 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Joseph W Martin Trust a legitimate nonprofit?
- Yes. Joseph W Martin Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-6011809, based in Warren, Rhode Island. Donations are tax-deductible.
- What is Joseph W Martin Trust's EIN?
- Joseph W Martin Trust's Employer Identification Number (EIN) is 05-6011809.
- How much revenue does Joseph W Martin Trust report?
- Joseph W Martin Trust reported $181,158 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph W Martin Trust have?
- CharityIndex grades Joseph W Martin Trust C+, based on financial health (reserves and operating margin).
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Data for Joseph W Martin Trust (EIN 05-6011809) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.