CheckMyDonation

Missionary Financial Services

RegisteredEIN 26-4196314Spokane, WAReligion
Income$576k2023-12
Spending$469ksame year
Spent / received84%3-year average
Size in its cause85th pctReligion
Exempt since2009Publicly supported organisat
Employees5latest return

Analysis

Missionary Financial Services is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 2009, 17 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 2023, Missionary Financial Services reported income of $576k and spending of $469k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $350k to $576k (+65%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Financial Services 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 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Love of Jesus Inc ($576k), MGM Community Services Inc ($577k) and Strategic World Impact Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $302k. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 5 employees.

Income and spending

$0$144k$288k$432k$576k2021 Income: $349,9492021 Spending: $262,77420212022 Income: $456,4812022 Spending: $432,37420222023 Income: $576,2252023 Spending: $468,5372023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Love of Jesus IncRichmond$576k
MGM Community Services IncWilliamstown$577k
Strategic World Impact IncDenton$576k
Machon Chana Womens Institute IncBrooklyn$577k