Mission 01 Inc

Analysis

Mission 01 Inc is a registered charity in United States, based in California, MD. It received its IRS tax-exemption ruling in March 2015, 11 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, Mission 01 Inc reported income of $252k and spending of $217k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $252k (+107%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 161%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mission 01 Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Cornerstone Community Ministries Inc ($252k), Society for Promoting & Encouraging Arts & Knowledge of the Church ($252k) and Hope Community Center Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.7% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.2m against liabilities of $223k, net assets of $935k. It reported 3 employees.