Missions Inc Programs

Analysis

Missions Inc Programs is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in March 1942, 84 years ago. 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, Missions Inc Programs reported income of $7.5m and spending of $7.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $7.5m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missions Inc Programs sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Visiting Nurse Association of Erie County ($7.5m), Society of Surgical Oncology Inc ($7.5m) and Mount St Vincent Home Inc ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $280k (3.8% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $8.3m against liabilities of $1.0m, net assets of $7.3m. It reported 142 employees.