Missions Ministries

Analysis

Missions Ministries is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in January 1993, 33 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, Missions Ministries reported income of $1.7m and spending of $1.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missions Ministries sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Korean Gospel Broadcasting Company Inc ($1.7m), Onepassion Ministries Inc ($1.7m) and Christ Commission Chapel ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (4.4% of expenses). Other salaries and wages came to $141k. At year end it held assets of $1.1m against liabilities of $160k, net assets of $943k. It reported 4 employees.