Missionary Companion Ministries Inc

Analysis

Missionary Companion Ministries Inc is a registered charity in United States, based in Greeneville, TN. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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 Companion Ministries Inc reported income of $598k and spending of $638k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $648k to $598k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionary Companion Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include McKinney Boys Baseball Inc ($598k), North Pocono Public Library ($598k) and Migrant Rights Foundation ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $143k against liabilities of $0, net assets of $143k. It reported 1 employees.