Maynard Ministry

Analysis

Maynard Ministry is a registered charity in United States, based in Sulphur SPGS, TX. It received its IRS tax-exemption ruling in September 2017, 9 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, Maynard Ministry reported income of $123k and spending of $107k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $123k (+9.9%), an average of +9.9% a year. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maynard Ministry 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 45th percentile within TX. Charities of a similar size with the same main cause include Words of Hope Bible Ministries ($123k), House of Hope of Alachua County Inc ($123k) and Nest Up-Scale Resale Inc ($123k).

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 $96k against liabilities of $35k, net assets of $61k.