Building Markets Ltd

Analysis

Building Markets Ltd is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Building Markets Ltd reported income of $5.1m and spending of $4.5m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $5.1m (+157%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Building Markets Ltd sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Health Through Walls Inc ($5.1m), Guara Bi Inc ($5.2m) and Peace Development Fund Inc ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $860k (19% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.0m against liabilities of $407k, net assets of $1.6m. It reported 10 employees.