BBB Institute for Marketplace Trust

Analysis

BBB Institute for Marketplace Trust is a registered charity in United States, based in Suite, VA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, BBB Institute for Marketplace Trust reported income of $804k and spending of $866k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $726k to $804k (+11%), an average of +2.6% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, BBB Institute for Marketplace Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Community Care Development Network ($804k), Miller Institute for Learning with Technology ($804k) and Re-Store Warehouse Inc ($803k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $176k (20% of expenses). Other salaries and wages came to $236k. At year end it held assets of $677k against liabilities of $325k, net assets of $352k.