Maranatha Adventures Inc

Analysis

Maranatha Adventures Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in April 2015, 11 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, Maranatha Adventures Inc reported income of $129k and spending of $127k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $129k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maranatha Adventures Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Grupo de Oracion Y Ayuno Corp ($129k), Minnesota Vipassana Association ($129k) and Vassal Ministries ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.