Ohio Public Market Authority

Analysis

Ohio Public Market Authority is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio Public Market Authority reported income of $1.2m and spending of $1.3m, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $115k to $1.2m (+908%), an average of +116% a year. The sharpest change came in the year to December 2021, when income rose by 277%. Over the whole period it spent 158% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Public Market Authority sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Western Slope Center for Children ($1.2m), Habitat for Humanity International Inc ($1.2m) and Daystar U S ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. At year end it held assets of $219k against liabilities of $1.7m, net assets of -$1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.