Masters Men

Analysis

Masters Men is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 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, Masters Men reported income of $811k and spending of $863k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $662k to $811k (+23%), an average of +5.2% a year. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masters Men sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Hope Prison Ministries Inc ($811k), Kidz at Heart International ($812k) and CTS America Inc ($811k).

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 $123k (14% of expenses). Other salaries and wages came to $397k. At year end it held assets of $362k against liabilities of $3,467, net assets of $358k. It reported 6 employees.