Missions Resource Network

Analysis

Missions Resource Network is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in January 1999, 27 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, Missions Resource Network reported income of $2.0m and spending of $2.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+2.9%), an average of +0.7% a year. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missions Resource Network sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Celebrate Life International Inc ($2.0m), Paul Tripp Ministries Inc ($2.0m) and Minnesota Education Trust ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $193k (8.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.2m against liabilities of $448k, net assets of $3.8m. It reported 14 employees.