Mission Foundation Inc

Analysis

Mission Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 1994, 32 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 Foundation Inc reported income of $185k and spending of $175k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $185k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mission Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Frank Damazio Ministries ($185k), Iglesia Bautista El Divino Maestro ($185k) and Relevant Practical Ministry for Men ($185k).

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 $114k (65% of expenses). At year end it held assets of $341k against liabilities of $9,107, net assets of $332k.