In-2-Market Inc

Analysis

In-2-Market Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 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 (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 2022, In-2-Market Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $213k to $1.1m (+410%), an average of +410% a year. The sharpest change came in the year to December 2022, when income rose by 410%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, In-2-Market Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Taller Comunidad LA Goyco Inc ($1.1m), The Right Question Institute Inc ($1.1m) and Northside Residents Redevelopment Council Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.0% and program service revenue 57% of the total. At year end it held assets of $154k against liabilities of $170k, net assets of -$16k.