Missionary Way Inc

Analysis

Missionary Way Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 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, Missionary Way Inc reported income of $138k and spending of $139k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $138k (-10%), an average of -10% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Way Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NE. Charities of a similar size with the same main cause include Mary James Ministries Inc ($138k), Mississippi Prison Chapel Foundation Inc ($138k) and Ministerios Roca de Salvacion Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.