Market Square Park LLC

Analysis

Market Square Park LLC is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Market Square Park LLC reported income of $323k and spending of $43k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $323k (+299%), an average of +299% a year. The sharpest change came in the year to December 2023, when income rose by 299%. Over the whole period it spent 11% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Market Square Park LLC sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Family Career and Community Leaders of America Inc ($323k), Fuller Center for Housing Inc ($323k) and Armstrong County Educational Trust ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.