Mustard Seed Ministry

Analysis

Mustard Seed Ministry is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Mustard Seed Ministry reported income of $173k and spending of $232k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $173k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 116% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mustard Seed Ministry sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Girls on the Run of Sedgwick County ($173k), Scotty Lapp Foundation ($173k) and Carolina Studios Corp ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $24k (10% of expenses). Other salaries and wages came to $18k. At year end it held assets of $91k against liabilities of $50k, net assets of $41k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.