Missionary Financial Services
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
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Love of Jesus Inc | Richmond | $576k |
| MGM Community Services Inc | Williamstown | $577k |
| Strategic World Impact Inc | Denton | $576k |
| Machon Chana Womens Institute Inc | Brooklyn | $577k |