Forty Missions Inc

Analysis

Forty Missions Inc is a registered charity in United States, based in Wetumpka, AL. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forty Missions Inc reported income of $59k and spending of $17k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $59k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 27% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Forty Missions Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within AL. Charities of a similar size with the same main cause include Freedom-14 Camp ($59k), Iglesia Cristiana Comunidad de Gracia ($59k) and Wisdomworks Ministries Inc ($59k).

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 $143k against liabilities of $0, net assets of $143k.