Northside Common Market

Analysis

Northside Common Market is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 2020, 6 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, Northside Common Market reported income of $594k and spending of $426k, leaving 28% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 542%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northside Common Market sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Houston International Initiatives ($594k), Punta Gorda Isles Civic Association Inc ($594k) and Rock River Development Partnership Inc ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $97k. At year end it held assets of $282k against liabilities of $10k, net assets of $272k. It reported 3 employees.