Rail Yards Market

Analysis

Rail Yards Market is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Rail Yards Market reported income of $336k and spending of $264k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $275k to $336k (+22%), an average of +11% a year. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rail Yards Market sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NM. Charities of a similar size with the same main cause include Payette Land Trust Inc ($336k), Sox Place Inc ($336k) and Shelbys Bridge ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $70k. At year end it held assets of $375k against liabilities of $7,370, net assets of $368k. It reported 19 employees.