Charity Search / HOFFMASTER HOMES OF MARTINSBURG INC
Housing & Shelter (L24) 990 on File

HOFFMASTER HOMES OF MARTINSBURG INC

EIN: 06-1719487 · MARTINSBURG, WV 25401-4241 · United States · FY 2023 Data
3 out of 5 51 / 100 Based on one year of filings
Financial strength (30%) 100/100
Reliability (20%) 40/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$104K
Total Revenue
$100K
Total Expenses
$279K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.8%
Fundraising Efficiency N/A
Operating Reserve 33.49x
Liability-to-Asset 3.6%
Revenue Diversification 55.6%
Compared with Peers
FY 2023
Compared with 3,196 similar organizations (United States, Housing & Shelter, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.8% 84.5%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
33.5 mo 37.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
3.6% 3.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
55.6% 99.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-13.5% 0.0%
P10P90
Expense growth
Year over year expense growth
8.9% -0.4%
P10P90
Surplus margin
Surplus as a share of revenue
4.1% 5.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $104K $100K $279K 80.8%
2022 $120K $92K N/A 1
2021 $102K $95K N/A 1
2020 $119K $107K N/A 1
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Organization Details
EIN
06-1719487
State
WV
City
MARTINSBURG
ZIP
25401-4241
Classification
L24
Category
Housing & Shelter
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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