MVP Ministries

Analysis

MVP Ministries is a registered charity in United States, based in Utica, OH. It received its IRS tax-exemption ruling in October 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, MVP Ministries reported income of $283k and spending of $353k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $695k to $283k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, MVP Ministries sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include South Central Church of Christ Incorporated ($283k), Eagle Eye Institute Inc ($283k) and The Christian Church the Old Path ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (10% of expenses). At year end it held assets of $499k against liabilities of $0, net assets of $499k.