Missionaries of the Word Inc

Analysis

Missionaries of the Word Inc is a registered charity in United States, based in Egg Harbor, WI. It received its IRS tax-exemption ruling in January 2017, 9 years ago. 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, Missionaries of the Word Inc reported income of $651k and spending of $160k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $651k (+224%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionaries of the Word Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Holy Cross Housing Inc ($651k), Flaget Memorial Hospital Foundation Inc ($651k) and Historic Camden Foundation ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. At year end it held assets of $1.9m against liabilities of $99k, net assets of $1.8m.