Maranatha Power Ministries Inc

Analysis

Maranatha Power Ministries Inc is a registered charity in United States, based in Vandalia, OH. It received its IRS tax-exemption ruling in September 2004, 22 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 Power Ministries Inc reported income of $470k and spending of $477k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $470k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maranatha Power Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Restoration Christian Ministry ($470k), City Church Inc ($470k) and International Society for Krishna Consciousness of Sacramento Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,356 against liabilities of $15k, net assets of -$11k.