House of Missions and Equipping

Analysis

House of Missions and Equipping is a registered charity in United States, based in Sioux Center, IA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, House of Missions and Equipping reported income of $320k and spending of $266k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $320k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Missions and Equipping sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Divine Mercy Communications Inc ($320k), Thinking Through Faith ($320k) and Christ Lutheran Foundation Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $143k. At year end it held assets of $532k against liabilities of $3,330, net assets of $528k. It reported 12 employees.