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Missionary Resource Network Inc

RegisteredEIN 65-1030427Coral Springs, FLReligion
Income$63k2023-12
Spending$53ksame year
Spent / received87%3-year average
Size in its cause28th pctReligion
Exempt since2001Publicly supported organisat
Employees–latest return

Analysis

Missionary Resource Network Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in February 2001, 25 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, Missionary Resource Network Inc reported income of $63k and spending of $53k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $7,727 to $63k (+716%), an average of +186% a year. The sharpest change came in the year to December 2022, when income rose by 303%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Resource Network Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Two Cities Ministries Inc ($63k), All Nations Discipleship Movement Inc ($63k) and Valley Light Foundation ($63k).

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 $99k against liabilities of $0, net assets of $99k.

Income and spending

$0$16k$32k$47k$63k2021 Income: $7,7272021 Spending: $11,65120212022 Income: $31,1152022 Spending: $23,97220222023 Income: $63,0282023 Spending: $53,3312023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Two Cities Ministries IncAustin$63k
All Nations Discipleship Movement IncPlacerville$63k
Valley Light FoundationWinchester$63k
3ca IncBucyrus$63k