Mission of the Masters Inc

Analysis

Mission of the Masters Inc is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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, Mission of the Masters Inc reported income of $78k and spending of $88k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $78k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission of the Masters Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Warriors on Wheels Inc ($78k), Santa Clarita Valley Scholarship Foundation Inc ($78k) and Niwot Elementary School Parent Teacher Advisory Council Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 39% of the total. At year end it held assets of $112k against liabilities of $27k, net assets of $85k.