Missionary Enterprises Inc

Analysis

Missionary Enterprises Inc is a registered charity in United States, based in Sanibel, FL. It received its IRS tax-exemption ruling in January 1967, 59 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, Missionary Enterprises Inc reported income of $65k and spending of $10k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $93k to $65k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 19% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Enterprises Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Eagle Fire Breakthrough Ministries ($65k), Berean Ministries Inc ($65k) and Guillermo Villanueva Ministries ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $523k against liabilities of $0, net assets of $523k.