Missionary Air Group Inc

Analysis

Missionary Air Group Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Missionary Air Group Inc reported income of $1.1m and spending of $933k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $692k to $1.1m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Air Group Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Oak Hill Fellowship Center Inc ($1.1m), The Word of Faith Ministries Inc ($1.1m) and Kids First Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (10% of expenses). Other salaries and wages came to $562k. At year end it held assets of $741k against liabilities of $12k, net assets of $729k. It reported 10 employees.