The Marketplace Initiative Inc

Analysis

The Marketplace Initiative Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in November 2019, 7 years ago. 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, The Marketplace Initiative Inc reported income of $116k and spending of $144k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $116k (-5.1%), an average of -5.1% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Marketplace Initiative Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Chicagoland Grows ($116k), Alliance Francaise de Santa Rosa ($116k) and Anthony J Hyde Parent Teacher Association ($116k).

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 $38k against liabilities of $0, net assets of $38k.