Millions of Conversations Inc

Analysis

Millions of Conversations Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Millions of Conversations Inc reported income of $580k and spending of $627k, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $846k to $580k (-31%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Millions of Conversations Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Grupo Internacional Para LA Responsabilidad Social Corporativa ($578k), Africa Misson Services of USA Inc ($580k) and Imas Home for Children ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $34k (5.5% of expenses). Other salaries and wages came to $44k. At year end it held assets of $195k against liabilities of $132k, net assets of $64k. It reported 1 employees.