Marketplace Ministries Foundation

Analysis

Marketplace Ministries Foundation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marketplace Ministries Foundation reported income of $268k and spending of $429k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $724k to $268k (-63%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 1731%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marketplace Ministries Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Hogar Infantil Inc ($268k), Indiana Lions Foundation Inc ($269k) and Community Hospice of America Foundation Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $10.5m against liabilities of $2.3m, net assets of $8.2m.