Mission First Inc

Analysis

Mission First Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mission First Inc reported income of $187k and spending of $31k, leaving 84% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $385k to $187k (-51%), an average of -51% a year. The sharpest change came in the year to June 2024, when income dropped by 51%. Over the whole period it spent 6.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission First Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include H O P E of Rainier Oregon ($187k), Ukrainian Home of Rochester Inc ($187k) and St Thomas Booster Club Inc ($187k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $537k.