Mission Lexington

Analysis

Mission Lexington is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Mission Lexington reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $807k to $1.3m (+65%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission Lexington sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Lakewood Child Care Center ($1.3m), Retraining the Village ($1.3m) and Diocesan Food Service Roman Catholic Diocese of Brooklyn Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $331k (26% of expenses). Other salaries and wages came to $271k. At year end it held assets of $1.8m against liabilities of $41k, net assets of $1.8m. It reported 42 employees.