Missionary Aviation Repair Center

Analysis

Missionary Aviation Repair Center is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Missionary Aviation Repair Center reported income of $3.2m and spending of $3.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.2m (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missionary Aviation Repair Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within AK. Charities of a similar size with the same main cause include Ravenswood Budlong Hebr Cong ($3.2m), Church of the Pioneers Foundation ($3.2m) and Jews United for Justice Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $91k (2.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.2m against liabilities of $110k, net assets of $3.1m. It reported 19 employees.