Marketplace Integration and Development Corporation

Analysis

Marketplace Integration and Development Corporation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Marketplace Integration and Development Corporation reported income of $806k and spending of $783k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $578k to $806k (+39%), an average of +8.7% a year. The sharpest change came in the year to September 2023, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marketplace Integration and Development Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Friends of Solidafrica Inc ($806k), The American Friends of the British Museum Inc ($808k) and Center for Engagement and Advocacy in the Americas ($805k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $67k (8.6% of expenses). It paid $208 in professional fundraising fees. At year end it held assets of $283k against liabilities of $164k, net assets of $119k. It reported 4 employees.