Masters Mind Ministry

Analysis

Masters Mind Ministry is a registered charity in United States, based in Brush Prairie, WA. It received its IRS tax-exemption ruling in June 2008, 18 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, Masters Mind Ministry reported income of $103k and spending of $107k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $103k (-5.1%), an average of -5.1% a year. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masters Mind Ministry sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include A Heart for Children Inc ($103k), Tri-Une Healing & Restoration Ministries Inc ($103k) and Around the Corner Ministries ($103k).

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 $90k against liabilities of $2,491, net assets of $88k.