4 Market Square

Analysis

4 Market Square is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in January 2001, 25 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 June 2023, 4 Market Square reported income of $554k and spending of $388k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $438k to $554k (+26%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 102%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 4 Market Square sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Tu Vien Truc Lam Buddhist Central Inc ($553k), Islamic Center of Staten Island Inc ($554k) and Tribe 12 ($553k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $66k (17% of expenses). Other salaries and wages came to $15k. At year end it held assets of $7.4m against liabilities of $5.8m, net assets of $1.6m. It reported 2 employees.