Missionary Athletes International

Analysis

Missionary Athletes International is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 April 2024, Missionary Athletes International reported income of $10.4m and spending of $6.2m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to April 2024, income grew from $4.1m to $10.4m (+155%), an average of +26% a year. The sharpest change came in the year to April 2024, when income rose by 73%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionary Athletes International sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Sandy Valley Transportation Services Inc ($10.4m), Billings Clinic Foundation ($10.4m) and Shared Harvest Foodbank Inc ($10.4m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $96k (1.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $9.1m against liabilities of $1.3m, net assets of $7.8m. It reported 248 employees.