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Mission Ministries Alliance

RegisteredEIN 56-1872125Marion, NCPoverty relief
Income$1.0m2023-06
Spending$995ksame year
Spent / received73%4-year average
Size in its cause75th pctPoverty relief
Exempt since1995Publicly supported organisat
Employees20latest return

Analysis

Mission Ministries Alliance is a registered charity in United States, based in Marion, NC. It received its IRS tax-exemption ruling in August 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, Mission Ministries Alliance reported income of $1.0m and spending of $995k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $374k to $1.0m (+170%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 494%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission Ministries Alliance sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Wilton Volunteer Ambulance Corps Inc ($1.0m), Lapeer Area Citizens Against Domestic Assault ($1.0m) and Hope Unlimited Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $484k. At year end it held assets of $741k against liabilities of $199k, net assets of $542k. It reported 20 employees.

Income and spending

$0$555k$1.1m$1.7m$2.2m2020 Income: $373,8632020 Spending: $282,69520202021 Income: $2,219,6292021 Spending: $1,745,91520212022 Income: $2,018,7472022 Spending: $1,079,50020222023 Income: $1,010,8332023 Spending: $995,1322023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Wilton Volunteer Ambulance Corps IncWilton$1.0m
Lapeer Area Citizens Against Domestic AssaultLapeer$1.0m
Hope Unlimited IncIola$1.0m
Family Service of the Chautauqua Region IncJamestown$1.0m