Ministerios Mahanaim
Analysis
Ministerios Mahanaim is a registered charity in United States, based in Huntington PK, CA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Ministerios Mahanaim reported income of $495k and spending of $440k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $324k to $495k (+53%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Ministerios Mahanaim sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Place of Promise Inc ($495k), Holy Spirit Unity Church in America ($495k) and Chicago Religious Leadership Network on Latin America ($495k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $775k, net assets of $335k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Place of Promise Inc | Lowell | $495k |
| Holy Spirit Unity Church in America | Des Moines | $495k |
| Chicago Religious Leadership Network on Latin America | Chicago | $495k |
| Saturation Church Planting International Inc | Corona | $495k |