Maranatha Ministry Inc

Analysis

Maranatha Ministry Inc is a registered charity in United States, based in Waynesboro, PA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Maranatha Ministry Inc reported income of $281k and spending of $522k, spending 186% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $218k to $281k (+29%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maranatha Ministry Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Burma Humanitarian Mission ($281k), Storehouse Food Pantry ($281k) and Accent Network ($281k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $87k (17% of expenses). Other salaries and wages came to $12k. At year end it held assets of $265k against liabilities of $0, net assets of $265k. It reported 2 employees.