Marine Reach Ministries California Inc

Analysis

Marine Reach Ministries California Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in May 2010, 16 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, Marine Reach Ministries California Inc reported income of $180k and spending of $49k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $180k (-88%), an average of -41% a year. The sharpest change came in the year to December 2021, when income dropped by 56%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marine Reach Ministries California Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Christ United Ministries ($180k), React Services ($180k) and Matthew2540 ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $4,608 (9.4% of expenses). At year end it held assets of $287k against liabilities of $159, net assets of $286k.