Missionary Ministries Inc

Analysis

Missionary Ministries Inc is a registered charity in United States, based in Saint Petersburg, FL. It received its IRS tax-exemption ruling in February 2006, 20 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 Ministries Inc reported income of $185k and spending of $159k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $185k (-7.2%), an average of -7.2% a year. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Instruments of Righteousness Evangelistic Ministries Inc ($185k), Faith Victory Ministries International ($185k) and Mission of Hope ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.