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The Mission Inc

RegisteredEIN 47-0849952West Point, MSReligion
Income$359k2023-12
Spending$388ksame year
Spent / received95%3-year average
Size in its cause78th pctReligion
Exempt since2017Publicly supported organisat
Employees8latest return

Analysis

The Mission Inc is a registered charity in United States, based in West Point, MS. It received its IRS tax-exemption ruling in August 2017, 9 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, The Mission Inc reported income of $359k and spending of $388k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $244k to $359k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Mission Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MS. Charities of a similar size with the same main cause include Northward Christian Assembly Inc ($359k), Light Ministries Inc ($359k) and Faith for Justice ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $111k. At year end it held assets of $325k against liabilities of $143k, net assets of $182k. It reported 8 employees.

Income and spending

$0$97k$194k$292k$389k2021 Income: $243,9082021 Spending: $228,88920212022 Income: $388,9492022 Spending: $322,80420222023 Income: $358,9892023 Spending: $388,4592023
IncomeSpending

Where the income comes from

  • Contributions & grants 38%
  • Program services 44%
  • Other 19%

Similar-sized charities, same cause

CharityLocationIncome
Northward Christian Assembly IncFalmouth$359k
Light Ministries IncOrlando$359k
Faith for JusticeSaint Louis$359k
Liberte MinistriesFlorence$359k