Mission Investors Exchange Inc

Analysis

Mission Investors Exchange Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Mission Investors Exchange Inc reported income of $4.4m and spending of $3.0m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.4m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mission Investors Exchange Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Asset Funders Network ($4.4m), Legacy Global Programs ($4.4m) and Jewish Community Alliance of Southern Maine ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $1.1m (36% of expenses). Other salaries and wages came to $748k. At year end it held assets of $9.2m against liabilities of $841k, net assets of $8.4m. It reported 15 employees.