Mission850

Analysis

Mission850 is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in August 2022, 4 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, Mission850 reported income of $122k and spending of $124k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $122k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mission850 sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include South Pacific Christian Camps Inc ($122k), Ghulamaan-E-Abbas Foundation Inc ($122k) and American Relief Organization ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. At year end it held assets of $28k against liabilities of $26k, net assets of $1,333.