Marshall Depot Inc

Analysis

Marshall Depot Inc is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in April 1991, 35 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, Marshall Depot Inc reported income of $173k and spending of $70k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $173k (+1004%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marshall Depot Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Cape Charles Rosenwald School Restoration Initiative Inc ($173k), ZGD Inc ($173k) and Boulder Potters Guild ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. At year end it held assets of $851k against liabilities of $144, net assets of $851k.