Maranatha Endowment Fund

Analysis

Maranatha Endowment Fund is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maranatha Endowment Fund reported income of $104k and spending of $121k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $104k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 452%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maranatha Endowment Fund sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Revival 356 Ministries Inc ($104k), Churches on the Streets ($104k) and Crossroads Ministries International Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 158% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.