Marco Polo World Foundation Inc

Analysis

Marco Polo World Foundation Inc is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Marco Polo World Foundation Inc reported income of $154k and spending of $172k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $154k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 112% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marco Polo World Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Ghana Initiative Mobile Medical Mission ($154k), American Friends of Ayelet Hashachar Inc ($154k) and Hope Centers International ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $25k, net assets of $19k.