Masters Plan Ministries Inc

Analysis

Masters Plan Ministries Inc is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in October 1992, 34 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 April 2024, Masters Plan Ministries Inc reported income of $526k and spending of $273k, leaving 48% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $222k to $526k (+137%), an average of +24% a year. The sharpest change came in the year to April 2024, when income rose by 138%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Masters Plan Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Blue Hill Observatory Science Center Inc ($526k), Danbury Youth Services Inc ($526k) and Winona Arms Inc ($526k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $102k. At year end it held assets of $1.0m against liabilities of $293k, net assets of $717k.