Amplify Mission Network

Analysis

Amplify Mission Network is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in March 2019, 7 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, Amplify Mission Network reported income of $425k and spending of $449k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $425k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Amplify Mission Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Five of a Kind Productions Inc ($425k), Christ International Mission ($425k) and Justin Peters Ministries ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $139k (31% of expenses). Other salaries and wages came to $169k. At year end it held assets of $366k against liabilities of $2,541, net assets of $363k. It reported 6 employees.