Launch Mission
Analysis
Launch Mission is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Launch Mission reported income of $105k and spending of $79k, leaving 25% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $112k to $105k (-5.8%), an average of -5.8% a year. Over the whole period it spent 74% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Launch Mission sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AL. Charities of a similar size with the same main cause include Hebron USA Inc ($105k), Truth Baptist Church ($105k) and Iglesia Pentecostes Mas Que Vencedores En Cristo Inc ($105k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hebron USA Inc | Winston Salem | $105k |
| Truth Baptist Church | Radcliff | $105k |
| Iglesia Pentecostes Mas Que Vencedores En Cristo Inc | Los Angeles | $105k |
| Ignatians West | Los Angeles | $105k |