Many Waters International Ministries

Analysis

Many Waters International Ministries is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in May 2007, 19 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, Many Waters International Ministries reported income of $198k and spending of $183k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $198k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Many Waters International Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Limit Breaker Church Incorporated ($198k), E & E Charity Foundation ($198k) and Adirondack Pregnancy Center ($198k).

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 $28k against liabilities of $12k, net assets of $17k.