Mission 615

Analysis

Mission 615 is a registered charity in United States, based in Waverly, TN. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 615 reported income of $331k and spending of $280k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $214k to $331k (+55%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission 615 sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Kingdom Gospel Mission ($331k), Ida Barbour Early Learning Center ($331k) and Lifetime Care Foundation for Jewish Disabled Inc ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (22% of expenses). Other salaries and wages came to $93k. At year end it held assets of $92k against liabilities of $0, net assets of $92k. It reported 6 employees.