Midwest Christian Services

Analysis

Midwest Christian Services is a registered charity in United States, based in Peterson, IA. It received its IRS tax-exemption ruling in January 1966, 60 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 June 2023, Midwest Christian Services reported income of $3.3m and spending of $1.9m, leaving 42% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $3.3m (+118%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Christian Services sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Willis Dady Emergency Shelter Inc ($3.3m), Cardinal Carberry Senior Living Center ($3.3m) and American Life League ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $81k (4.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.1m against liabilities of $7,454, net assets of $5.1m. It reported 43 employees.