Mennonite Gospel Missions

Analysis

Mennonite Gospel Missions is a registered charity in United States, based in Ephrata, PA. It received its IRS tax-exemption ruling in May 1986, 40 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 2022, Mennonite Gospel Missions reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.6m to $1.9m (+19%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mennonite Gospel Missions sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Special Olympics New Hampshire Inc ($1.9m), Butte Family YMCA Inc ($1.9m) and Christiana Care Health System Inc ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 72% and program service revenue 24% of the total. Other salaries and wages came to $360k. At year end it held assets of $5.8m against liabilities of $114k, net assets of $5.7m. It reported 10 employees.