Marks Project Inc

Analysis

Marks Project Inc is a registered charity in United States, based in Hope Valley, RI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Marks Project Inc reported income of $69k and spending of $66k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $69k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marks Project Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within RI. Charities of a similar size with the same main cause include Lucis Publishing Company ($69k), The Baroque Orchestra of New Jersey Inc ($69k) and Friends for Old Bethpage Village Restoration Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,753 against liabilities of $0, net assets of $8,753.