Mission Possible Ministries Inc

Analysis

Mission Possible Ministries Inc is a registered charity in United States, based in Gwynn Oak, MD. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Mission Possible Ministries Inc reported income of $50k and spending of $55k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $46k to $50k (+10%), an average of +4.9% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mission Possible Ministries Inc sits at the 11th percentile: it is larger than about 11% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include WRC Housing II Inc ($50k), Urban League of Southern Connecticut Inc ($50k) and Centerpointe Housing Corporation I ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.