Greater Europe Mission
Analysis
Greater Europe Mission is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Greater Europe Mission reported income of $29.8m and spending of $28.4m, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $26.3m to $29.8m (+13%), an average of +14% a year. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Greater Europe Mission sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Marketplace Ministries Inc ($29.7m), Lionheart Childrens Academy ($31.0m) and Catholic Community Foundation of Los Angeles ($29.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $766k (2.7% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $17.7m against liabilities of $1.2m, net assets of $16.5m. It reported 266 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 0.4%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marketplace Ministries Inc | Plano | $29.7m |
| Lionheart Childrens Academy | Bedford | $31.0m |
| Catholic Community Foundation of Los Angeles | Glendale | $29.4m |
| American Family Association Inc | Tupelo | $31.0m |