New York · Nonprofit
MARCY LAB INC
MARCY LAB INC (New York) receives grants from 60 organizations whose IRS filings report $22,513,951 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,153,000). 34 of them have funded it in more than one year.
- Revenue FY2025
- $5.7M
- Funders on record
- 60
- Grants received
- $23M
- Net assets
- $9.1M
What Marcy Lab Inc does
Mission
The marcy lab school is an alternative pathway to high-growth technology careers for young adults. We provide our students with technical training, leadership development, and direct access to employment opportunities in some of the fastest-growing sectors of the global economy. In doing so, we create economic mobility for our students and create the strongest pipeline of diverse engineering talent in the country.
As stated on its FY2025 Form 990.
Program
The marcy lab school is a free-of-cost, direct pathway for young people from low socioeconomic backgrounds to employment in entry-level tech roles. We run two concurrent major programs, software engineering and data analytics. Through over 2,000 hours of instruction, more than most four-year computer tech degrees, fellows participate in computer science or data analytics lectures where they learn fundamental technical skills for their major, such as server-side and front-end web development and tools like excel, sql, tableau, and python. The curriculum is designed to mirror the technical interviews they'll encounter in the job market and is continually informed by the evolving needs of our employer partners, ensuring fellows graduate with the tools and experience to succeed. In parallel, 25% of instructional time is dedicated to our leadership and development curriculum that focuses on conversations about leadership development, financial literacy, civic studies, equity, ethics, and career readiness. Fellows explore texts by james baldwin, audre lorde, and others, while receiving bi-weekly coaching that supports their growth as both technologists and leaders. The program…
$5,023,096 spentof which $176,115 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $5,023,096.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4.5M to $8.4M (+87%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 3% · 2021 3% · 2022 1% · 2023 0% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
100% of MARCY LAB INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Reuben Ogbonna
Co-founder & executive director
Board chair
Erica Hamilton
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 2 funders to 27 funders, grant income rose $150k → $5.8M.
13 of 60 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MARCY LAB INC’s funders (the co-funder graph). Top 30 of 60 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MARCY LAB INC has a broad base — no single funder exceeds 18% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MARCY LAB INC.
Largest funder’s share by year: 2019 89% · 2020 30% · 2021 14% · 2022 24% · 2023 23% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
30% of MARCY LAB INC's funders are still giving 3 years after their first grant; 57% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
MARCY LAB INC draws 50% of its grant income from funders outside New York, across 14 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $11M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MARCY LAB INC holds deeper cash reserves than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like MARCY LAB INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MARCY LAB INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MARCY LAB INC?
- MARCY LAB INC (New York) receives grants from 60 organizations whose IRS filings report $22,513,951 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,153,000). 34 of them have funded it in more than one year.
- How many funders does MARCY LAB INC have?
- IRS filings report 60 organizations giving $22,513,951 in grants to MARCY LAB INC, 34 of which have funded it in more than one year.
- Who is the largest funder of MARCY LAB INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $4,153,000 in grants. The full list of funders is on this page.
- How can an organization like MARCY LAB INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Marcy Lab →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 60 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing