Mustard Seed Global Evangelistic Ministries

Analysis

Mustard Seed Global Evangelistic Ministries is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in December 2016, 10 years ago. 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, Mustard Seed Global Evangelistic Ministries reported income of $96k and spending of $91k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $281k to $96k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mustard Seed Global Evangelistic Ministries sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($96k), Sokol Gymnastic Association of West Texas ($96k) and House of Mercy ($96k).

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 $4,108 against liabilities of $62, net assets of $4,046.