Muncie Mission Ministries Incorporated

Analysis

Muncie Mission Ministries Incorporated is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in March 1937, 89 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Muncie Mission Ministries Incorporated reported income of $3.5m and spending of $3.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.5m (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Muncie Mission Ministries Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Living Branches ($3.5m), Wesley Woods Senior Living Inc ($3.5m) and Rutland West Neighborhood Housing Services Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $115k (3.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.0m against liabilities of $267k, net assets of $7.7m. It reported 112 employees.