Mission to Asia
Analysis
Mission to Asia is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in February 1975, 51 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 September 2023, Mission to Asia reported income of $119k and spending of $87k, leaving 27% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $108k to $119k (+10%), an average of +10% a year. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mission to Asia sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Mt Zion Pentecostal Churches of God Inc ($119k), Catholic Kolping Society of America ($119k) and Fountains of Life Inc ($119k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mt Zion Pentecostal Churches of God Inc | Elizabeth | $119k |
| Catholic Kolping Society of America | Cincinnati | $119k |
| Fountains of Life Inc | Atlantic Beach | $119k |
| Discipleship Network of America Midwest | Eden Prairie | $119k |