Marshall Project Inc

Analysis

Marshall Project Inc is a registered charity in United States, based in New York, NY. 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 June 2023, Marshall Project Inc reported income of $14.5m and spending of $13.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $14.5m (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Marshall Project Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include True North Goodwill Northern Minnesota and Northwestern Wiscons ($14.4m), Jobworks Inc ($14.5m) and American Marketing Association Inc ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $2.2m (16% of expenses). Other salaries and wages came to $6.6m. It paid $205k in professional fundraising fees. At year end it held assets of $19.3m against liabilities of $126k, net assets of $19.1m. It reported 72 employees.