Missions1040

Analysis

Missions1040 is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Missions1040 reported income of $107k and spending of $101k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $107k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Missions1040 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Seat of Wisdom Library ($107k), Youth with a Mission Tampa Inc ($108k) and East Turkistan National Awakening Movement Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $632, net assets of $73k.