Maqor Ministries

Analysis

Maqor Ministries is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in June 2016, 10 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, Maqor Ministries reported income of $195k and spending of $151k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $195k (+11%), an average of +11% a year. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maqor Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Atlanta Ministry with International Students Inc ($195k), Remember ($195k) and Society of St Vincent de Paul District Council of Spokane ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.