Missionary Transport Inc

Analysis

Missionary Transport Inc is a registered charity in United States, based in Lancaster, SC. It received its IRS tax-exemption ruling in August 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Missionary Transport Inc reported income of $53k and spending of $43k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $53k (+14%), an average of +14% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionary Transport Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Marshall Area Senior Citizens Inc ($53k), PTA Texas Congress ($53k) and Oklahoma Municipal Service Corporation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 51% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.