Marketplace Solutions Inc

Analysis

Marketplace Solutions Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 2007, 19 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 Solutions Inc reported income of $107k and spending of $115k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $107k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marketplace Solutions Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Vanguard Peacemakers ($107k), Community Chaplain Services Inc ($107k) and Justice Revival Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $37k against liabilities of $3,244, net assets of $34k.