Matranga Ministries Inc

Analysis

Matranga Ministries Inc is a registered charity in United States, based in Dickinson, TX. It received its IRS tax-exemption ruling in August 1989, 37 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, Matranga Ministries Inc reported income of $51k and spending of $34k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income fell from $71k to $51k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 33% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Matranga Ministries Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Al Baitil Ma Mur - Myanmar Muslim Association ($51k), New Day Ministries Inc ($51k) and Hope Ranch Youth Program Inc ($51k).

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 $155k against liabilities of $0, net assets of $155k.