Mustard Seed Ministry Inc

Analysis

Mustard Seed Ministry Inc is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Mustard Seed Ministry Inc reported income of $209k and spending of $16k, leaving 92% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $36k to $209k (+478%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 14% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mustard Seed Ministry Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Spectrum River Vale Apartments Inc ($209k), Bethesda Manor Inc ($209k) and Sawtooth Housing Corporation of Grand Marais ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.