Mission Interests Committee Inc

Analysis

Mission Interests Committee Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in November 1956, 70 years ago. 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 June 2023, Mission Interests Committee Inc reported income of $12.8m and spending of $12.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $12.8m (+17%), an average of +3.9% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission Interests Committee Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include St Anne School ($12.8m), Sparc ($12.8m) and J Bar J Youth Services Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $156k (1.2% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $15.9m against liabilities of $8.1m, net assets of $7.8m. It reported 268 employees.