American Society of Missiology Inc

Analysis

American Society of Missiology Inc is a registered charity in United States, based in Decorah, IA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, American Society of Missiology Inc reported income of $111k and spending of $110k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $111k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Society of Missiology Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Olean Meditation Center Inc ($111k), Sudama Offerings ($111k) and Fervent Fire Evangelistic Ministries Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 74% of the total. At year end it held assets of $245k against liabilities of $4,118, net assets of $241k.