Fulton Market Association Inc

Analysis

Fulton Market Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Fulton Market Association Inc reported income of $157k and spending of $145k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $157k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fulton Market Association 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 46th percentile within NY. Charities of a similar size with the same main cause include National Disability Finance Coalition Inc ($157k), Reimagine Everett ($157k) and Startup Vegas ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Other salaries and wages came to $90k. At year end it held assets of $31k against liabilities of $2,849, net assets of $28k. It reported 8 employees.