Mustard Seed Ministries Inc

Analysis

Mustard Seed Ministries Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mustard Seed Ministries Inc reported income of $705k and spending of $807k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $649k to $705k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mustard Seed Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within ID. Charities of a similar size with the same main cause include English Together Inc ($704k), Louisville Grows Inc ($705k) and Act Now Foundation Inc ($704k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $354k. At year end it held assets of $1.1m against liabilities of $3,217, net assets of $1.1m. It reported 21 employees.