Market Project Inc

Analysis

Market Project Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2014, 12 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, Market Project Inc reported income of $340k and spending of $524k, spending 154% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $248k to $340k (+37%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Market Project Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include The Rotary Club of Cadiz Kentucky Incorporated ($340k), Benton Economic Partnership Inc ($340k) and Bullington Gardens Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (7.2% of expenses). Other salaries and wages came to $88k. At year end it held assets of $189k against liabilities of $18k, net assets of $171k. It reported 3 employees.