Midland Ministries Inc

Analysis

Midland Ministries Inc is a registered charity in United States, based in Polo, MO. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Midland Ministries Inc reported income of $560k and spending of $503k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $560k (-72%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Midland Ministries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include United for the Least Corporation ($560k), Theological Horizons Inc ($560k) and Pittsburgh Area Lutheran Ministries ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $11k (2.1% of expenses). Other salaries and wages came to $132k. At year end it held assets of $466k against liabilities of $0, net assets of $466k. It reported 7 employees.