Manitoqua Ministries Inc

Analysis

Manitoqua Ministries Inc is a registered charity in United States, based in Frankfort, IL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Manitoqua Ministries Inc reported income of $2.1m and spending of $1.9m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.4m to $2.1m (-14%), an average of -3.7% a year. The sharpest change came in the year to September 2021, when income rose by 142%. 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, Manitoqua Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include American Friends of Puah ($2.1m), Christian Leaders Ministries Inc ($2.1m) and World Link Ministries ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $132k (7.1% of expenses). Other salaries and wages came to $693k. At year end it held assets of $5.8m against liabilities of $2.4m, net assets of $3.4m. It reported 112 employees.