Mission Discovery Inc

Analysis

Mission Discovery Inc is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in November 1992, 34 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, Mission Discovery Inc reported income of $1.4m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-7.2%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mission Discovery Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include United Christians International ($1.4m), Laudato Si Challenge Inc ($1.4m) and Shen Yun Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $99k (7.3% of expenses). Other salaries and wages came to $292k. At year end it held assets of $1.0m against liabilities of $183k, net assets of $866k. It reported 13 employees.