Mission Life International Inc

Analysis

Mission Life International Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Life International Inc reported income of $518k and spending of $529k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $64k to $518k (+716%), an average of +101% a year. The sharpest change came in the year to December 2021, when income rose by 234%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mission Life International Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Emerging Democracies Initiative Inc ($517k), American Friends of Tifereth Yosefinc ($518k) and Sonje Ayiti Organization Inc ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $27k (5.1% of expenses). Other salaries and wages came to $36k. At year end it held assets of $2,404 against liabilities of $99k, net assets of -$97k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.