Mission Increase

Analysis

Mission Increase is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Increase reported income of $6.7m and spending of $6.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $6.7m (+437%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 410%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mission Increase sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Fondos Unidos de Puerto Rico Inc ($6.7m), United Way Quad Cities ($6.7m) and Raleigh Rescue Mission Foundation Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $616k (9.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $595k against liabilities of $321k, net assets of $274k. It reported 47 employees.