Missio Corp

Analysis

Missio Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2020, 6 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, Missio Corp reported income of $645k and spending of $1.6m, spending 243% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.2m to $645k (-48%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 148% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Missio Corp sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Galilee International US ($645k), Phoenix Sister Cities Inc ($645k) and University of Puerto Rico School of Law Trust ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $500k (32% of expenses). At year end it held assets of $2.9m against liabilities of $328k, net assets of $2.5m. It reported 4 employees.