MC Ministries

Analysis

MC Ministries is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in February 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MC Ministries reported income of $84k and spending of $86k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $84k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MC Ministries sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Pearland I S D Booster Clubs Inc ($84k), Chinese Academy of Cleveland Inc ($84k) and Methodist Home for the Aging ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,980 against liabilities of $0, net assets of $6,980.