Independent Missionary Network Inc

Analysis

Independent Missionary Network Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 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, Independent Missionary Network Inc reported income of $504k and spending of $472k, spending 94% of its income. Across the 4 years on record, from July 2020 to December 2023, income fell from $610k to $504k (-17%), an average of -6.2% a year. The sharpest change came in the year to July 2022, when income rose by 97%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Independent Missionary Network 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 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Quadw Missional Outreach ($504k), Dar Al Qalam Cultural Center ($504k) and Shirdi Saibaba Temple Arizona ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $170k against liabilities of $152k, net assets of $18k.