Marketplace-Handwork of India

Analysis

Marketplace-Handwork of India is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in September 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marketplace-Handwork of India reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $2.5m (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marketplace-Handwork of India sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Heritage Christian College Foundation USA ($2.5m), Junior Achievement USA ($2.5m) and Yuma Crossing National Heritage Area Corporation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. Compensation of current officers, directors and key employees was $288k (12% of expenses). Other salaries and wages came to $111k. At year end it held assets of $2.8m against liabilities of $16k, net assets of $2.8m. It reported 5 employees.