M-Power Ministries

Analysis

M-Power Ministries is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, M-Power Ministries reported income of $1.0m and spending of $796k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $788k to $1.0m (+27%), an average of +6.2% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, M-Power Ministries sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Golden String Inc ($1.0m), Routt County Foundation for Senior Citizens Inc ($1.0m) and Extra Table Feeds Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (16% of expenses). Other salaries and wages came to $266k. At year end it held assets of $1.8m against liabilities of $585k, net assets of $1.2m. It reported 12 employees.