Modern Day Missions

Analysis

Modern Day Missions is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in May 2023, 3 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 December 2021, Modern Day Missions reported income of $8.2m and spending of $8.0m, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $4.9m to $8.2m (+68%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 31%. 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, Modern Day Missions sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Churches United for the Homeless ($8.2m), Proverbs 31 Ministry Inc ($8.2m) and Calvin Coolidge Presidential Foundation Inc ($8.1m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (1.3% of expenses). Other salaries and wages came to $146k. At year end it held assets of $2.3m against liabilities of $619k, net assets of $1.7m. It reported 9 employees.