Angels of Maranatha

Analysis

Angels of Maranatha is a registered charity in United States, based in Havertown, PA. It received its IRS tax-exemption ruling in May 2002, 24 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, Angels of Maranatha reported income of $65k and spending of $70k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $65k (-23%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Angels of Maranatha sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include He Who Overcomes Ministries ($65k), Temple Israel of Alameda Foundation ($65k) and Messenger Fellowship International Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.