Friends of the City Market

Analysis

Friends of the City Market is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Friends of the City Market reported income of $116k and spending of $117k, spending 100% of its income. Across the 2 years on record, from April 2022 to April 2023, income fell from $188k to $116k (-38%), an average of -38% a year. The sharpest change came in the year to April 2023, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of the City Market sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MO. Charities of a similar size with the same main cause include Big Brother-Big Sister Foundation ($116k), Do Good Bus ($117k) and Responsible Recycling Charitable Foundation ($116k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $42k against liabilities of $1,781, net assets of $40k.