Mighty Pursuit

Analysis

Mighty Pursuit is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in March 2023, 3 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, Mighty Pursuit reported income of $219k and spending of $220k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9,195 to $219k (+2286%), an average of +121% a year. The sharpest change came in the year to December 2020, when income rose by 1152%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mighty Pursuit sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within WA. Charities of a similar size with the same main cause include Hindu Bhavan ($219k), Worcester Kidist Kidane Mehret Ethiopian Orthodox Tewahedo Church ($219k) and United Christian Missions Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $54k (25% of expenses). Other salaries and wages came to $77k. At year end it held assets of $413 against liabilities of $0, net assets of $413. It reported 3 employees.