Mission 823 Inc

Analysis

Mission 823 Inc is a registered charity in United States, based in Clermont, FL. It received its IRS tax-exemption ruling in November 2018, 8 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, Mission 823 Inc reported income of $399k and spending of $405k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $399k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 859%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission 823 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Evac Inc ($398k), Fonag Inc ($399k) and Families Helping Families of Acadiana ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $83k (21% of expenses). At year end it held assets of $352k against liabilities of $0, net assets of $352k.