The Masters Plan Ministries Inc

Analysis

The Masters Plan Ministries Inc is a registered charity in United States, based in Creola, AL. It received its IRS tax-exemption ruling in December 1989, 37 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, The Masters Plan Ministries Inc reported income of $108k and spending of $107k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $108k (-10%), an average of -10% a year. 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, The Masters Plan Ministries Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AL. Charities of a similar size with the same main cause include Phi Beta Kappa Society ($108k), German Coast Farmers Market Incorporated ($108k) and Home Based Educators Accrediting Association ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,488 against liabilities of $0, net assets of $2,488.