Marketplace and Development Enterprises of SEND International

Analysis

Marketplace and Development Enterprises of SEND International is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Marketplace and Development Enterprises of SEND International reported income of $253k and spending of $217k, spending 86% of its income. Across the 2 years on record, from September 2019 to September 2023, income fell from $310k to $253k (-18%), an average of -18% a year. The sharpest change came in the year to September 2023, when income dropped by 18%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marketplace and Development Enterprises of SEND International sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include New Life Community Sda Church ($253k), Urban History Association ($253k) and St Michael Orthodox Church ($253k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $126k against liabilities of $5,000, net assets of $121k.