Mooresville Area Christian Mission Inc

Analysis

Mooresville Area Christian Mission Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mooresville Area Christian Mission Inc reported income of $4.7m and spending of $2.5m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.7m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mooresville Area Christian Mission Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Northwestern Connecticut Young Mens Christian Association Inc ($4.7m), Lochland School Inc ($4.7m) and Norse Home Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $107k (4.3% of expenses). Other salaries and wages came to $464k. At year end it held assets of $6.3m against liabilities of $1.0m, net assets of $5.3m. It reported 20 employees.