Mark 2 Ministries Inc

Analysis

Mark 2 Ministries Inc is a registered charity in United States, based in Newberg, OR. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mark 2 Ministries Inc reported income of $839k and spending of $734k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $638k to $839k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mark 2 Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Hazleton Integration Project Inc ($839k), LA Pine Community Kitchen ($839k) and Gate Youth Association ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $11k (1.6% of expenses). Other salaries and wages came to $461k. At year end it held assets of $1.3m against liabilities of $521k, net assets of $773k. It reported 27 employees.