Malawi Pioneer Mission Inc

Analysis

Malawi Pioneer Mission Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in August 2003, 23 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 2022, Malawi Pioneer Mission Inc reported income of $236k and spending of $300k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $206k to $236k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Malawi Pioneer Mission Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Ebecc Library Inc ($236k), Dominion Assemblies International Church ($236k) and Barnabas Network Inc ($236k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). At year end it held assets of $41k against liabilities of $12k, net assets of $29k. It reported 2 employees.