Maranatha Bible Camp Inc
Analysis
Maranatha Bible Camp Inc is a registered charity in United States, based in Maxwell, NE. It received its IRS tax-exemption ruling in August 1993, 33 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 March 2024, Maranatha Bible Camp Inc reported income of $2.1m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.6m to $2.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to March 2022, when income rose by 63%. Over the whole period it spent 90% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Maranatha Bible Camp 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 NE. Charities of a similar size with the same main cause include Justdane Inc ($2.1m), Cord Ministries International ($2.1m) and City on a Hill Ministries ($2.1m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 48% and program service revenue 46% of the total. Other salaries and wages came to $651k. At year end it held assets of $3.5m against liabilities of $97k, net assets of $3.4m. It reported 114 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 46%
- Other 6.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Justdane Inc | Madison | $2.1m |
| Cord Ministries International | Littleton | $2.1m |
| City on a Hill Ministries | Zeeland | $2.1m |
| Catch the Fire Ministries Inc | Durham | $2.1m |