Mark 732 Inc

Analysis

Mark 732 Inc is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in May 2024, 2 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 July 2023, Mark 732 Inc reported income of $51k and spending of $30k, leaving 41% of income unspent that year. Across the 3 years on record, from July 2021 to July 2023, income grew from $2,371 to $51k (+2059%), an average of +365% a year. The sharpest change came in the year to July 2022, when income rose by 1845%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mark 732 Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Kingdom Minded Worship Center Church ($51k), Word to Flesh Ministries Inc ($51k) and Power 2 Change Crusades ($51k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.