Mennonite Mutual Land Trustee Corporation
Analysis
Mennonite Mutual Land Trustee Corporation is a registered charity in United States, based in Bremen, IN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mennonite Mutual Land Trustee Corporation reported income of $696k and spending of $662k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $696k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 347%. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mennonite Mutual Land Trustee Corporation 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 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Kanchi Guruparampara Foundation ($696k), Media Evangelism Association USA ($696k) and Disciples Center for Education ($695k).
Compensation of current officers, directors and key employees was $9,077 (1.4% of expenses). At year end it held assets of $17.4m against liabilities of $17.0m, net assets of $393k.
Income and spending
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kanchi Guruparampara Foundation | Carpentersvle | $696k |
| Media Evangelism Association USA | Milpitas | $696k |
| Disciples Center for Education | Johns Creek | $695k |
| Philadelphia Charters for Excellence | Glenside | $696k |