Permian Basin Mission Center

Analysis

Permian Basin Mission Center is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Permian Basin Mission Center reported income of $640k and spending of $417k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $640k (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Permian Basin Mission Center 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 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Ramapough Culture and Land Foundation Inc ($640k), Our Town St Helena ($640k) and Noia Foundation ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $174k. At year end it held assets of $1.8m against liabilities of $23, net assets of $1.8m. It reported 12 employees.