Little Market Inc

Analysis

Little Market Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Little Market Inc reported income of $5.8m and spending of $6.4m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $5.8m (+93%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Little Market Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Global Links ($5.8m), India Community Center Inc ($5.8m) and American Committee for Sanz Institutions of Israel Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $557k (8.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $883k against liabilities of $494k, net assets of $389k. It reported 65 employees.