Missiocare Collective Inc

Analysis

Missiocare Collective Inc is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Missiocare Collective Inc reported income of $66k and spending of $67k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $66k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Missiocare Collective Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Kane County Cougars Foundation Inc ($66k), Children of the Village Network Inc ($66k) and Family & Senior Support Services Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.