Support for Missions Inc

Analysis

Support for Missions Inc is a registered charity in United States, based in Davenport, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Support for Missions Inc reported income of $2.7m and spending of $2.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.7m (+121%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 177%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Support for Missions Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include New Covenant Christian School Foundation ($2.7m), Macon East Academy ($2.7m) and LA Paloma Family Services Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 105% of the total. Compensation of current officers, directors and key employees was $25k (0.9% of expenses). At year end it held assets of $1.2m against liabilities of $140k, net assets of $1.1m. It reported 2 employees.