Mars Hill Ministries Inc

Analysis

Mars Hill Ministries Inc is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mars Hill Ministries Inc reported income of $3.3m and spending of $3.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.3m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mars Hill Ministries Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Embry-Riddle Aeronautical University Asia Ltd ($3.3m), Yonkers Partners in Education Inc ($3.3m) and Highlands School Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $127k (4.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.8m against liabilities of $2.1m, net assets of $6.7m. It reported 49 employees.