Marshall Chess Foundation Inc

Analysis

Marshall Chess Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Marshall Chess Foundation Inc reported income of $76k and spending of $101k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $395k to $76k (-81%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshall Chess Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Rachels Kids Inc ($76k), Bookgive Inc ($76k) and Illinois Congress of Parents Teachers ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $392k against liabilities of $1,500, net assets of $390k.