Iglesia Pentecostal Maranatha Inc

Analysis

Iglesia Pentecostal Maranatha Inc is a registered charity in United States, based in Freeport, NY. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iglesia Pentecostal Maranatha Inc reported income of $121k and spending of $91k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $121k (+9.8%), an average of +9.8% a year. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Pentecostal Maranatha Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Uttermost Ministries Inc ($121k), Lifegate Worldwide ($121k) and Van Phuoc Buddhist Meditation Center ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.