Hellenic Missionary Union Inc

Analysis

Hellenic Missionary Union Inc is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in January 1990, 36 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, Hellenic Missionary Union Inc reported income of $1.9m and spending of $2.2m, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.8m to $1.9m (+5.4%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hellenic Missionary Union Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Sanctuary Inc ($1.9m), Monmouth Day Care Center Inc ($1.9m) and Huntington YMCA Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $65k (3.0% of expenses). Other salaries and wages came to $871k. At year end it held assets of $877k against liabilities of $106k, net assets of $771k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.