Masters Missions Inc

Analysis

Masters Missions Inc is a registered charity in United States, based in N Myrtle BCH, SC. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Masters Missions Inc reported income of $356k and spending of $366k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $392k to $356k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Masters Missions Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Sharon India Foundation ($356k), Friends of Amal-Tikva ($356k) and Christian Brigades ($356k).

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 $17k (4.6% of expenses). Other salaries and wages came to $98k. At year end it held assets of $154k against liabilities of $0, net assets of $154k. It reported 1 employees.