Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MARCY LAB INC is a nonprofit focused on graduate and professional education, with a mission to provide fellows an exceptional post-secondary experience that leads young adults into financially rewarding, purpose-driven careers in the tech sector. In filing year 2025, it reported a $6.1M operating budget and $5.7M in total revenue, with major support from TIGER GLOBAL IMPACT VENTURES INC, FOLLOW YOUR DREAM FOUNDATION INC, and THE CLEVELAND AVENUE FOUNDATION FOR EDUCATION GROUP.

Mission Statement

to provide an exceptional post-secondary education experience that propels underestimated young adults into financially-rewarding and purpose-driven careers in the tech sector.
Revenues
$9.7M
Expenses
$6.2M
Net Income:
+$3.5M
Assets
$11.7M
Liabilities
$1.9M
Net Assets:
+$9.7M
Operating Budget
$6.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
21
Median grant size
$90K
Largest grant received
$4M
M
Maya Bhattacharjee-Marcantonio
Board Member
R
Reuben Ogbonna
Board Member
N
Nadja Shaw
Board Member
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  • 39 funders
  • 21 board & team members
  • 6 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MARCY LAB INC’s budget?
In 2024, MARCY LAB INC reported an annual operating budget of around $6.2 million. More detailed financial information is available to registered users.
What causes does MARCY LAB INC support?
MARCY LAB INC supports work in Graduate and professional education.
Where does MARCY LAB INC operate?
MARCY LAB INC is headquartered in Brooklyn, NY.
Who funded MARCY LAB INC recently?
In 2025, MARCY LAB INC received grants from E SCHWARTZ CHARITABLE FOUNDATION XXXXX7006, AMERICAN ONLINE GIVING FOUNDATION INC, and Tom Russell Charitable Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant MARCY LAB INC received in 2024?
The largest grant to MARCY LAB INC in 2024 exceeds $4 million.
What is MARCY LAB INC’s reliance on government grants?
MARCY LAB INC relied on government grants for less than 5% of their total revenue in 2024.