MST Ministries
Analysis
MST Ministries is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover unknown, 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 December 2023, MST Ministries reported income of $60k and spending of $47k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $60k (+7.4%), an average of +7.4% a year. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MST Ministries sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Fairview Park Education Foundation Inc ($60k), Road Runners Club of America ($60k) and Hundred Club of Durango ($60k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 10%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fairview Park Education Foundation Inc | Fairview Park | $60k |
| Road Runners Club of America | Charleston | $60k |
| Hundred Club of Durango | Durango | $60k |
| Soroptimist International of Gresham | Gresham | $60k |