Marketplace Leaders Ministries Inc

Analysis

Marketplace Leaders Ministries Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Marketplace Leaders Ministries Inc reported income of $228k and spending of $311k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $228k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marketplace Leaders Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Frontline International Inc ($228k), Belay Youth Ministry ($228k) and Joshua Griffin Ministries ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $77k, net assets of -$3,021.