Memphis Union Mission Support Corporation

Analysis

Memphis Union Mission Support Corporation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Memphis Union Mission Support Corporation reported income of $160k and spending of $969k, spending 605% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $3.0m to $160k (-95%), an average of -62% a year. The sharpest change came in the year to September 2021, when income dropped by 95%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Memphis Union Mission Support Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Infinite Flow - a Wheelchair Dance Company ($160k), Willow Womens Center ($160k) and Filling the Void Inc ($160k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $22.3m against liabilities of $20.8m, net assets of $1.5m.