Mar Thoma Mission Board Diocese of North America and Europe Inc

Analysis

Mar Thoma Mission Board Diocese of North America and Europe Inc is a registered charity in United States, based in Merrick, NY. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mar Thoma Mission Board Diocese of North America and Europe Inc reported income of $1.1m and spending of $689k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $807k to $1.1m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mar Thoma Mission Board Diocese of North America and Europe Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Arachim America Inc ($1.1m), Restore Unity Incorporated ($1.1m) and Arlington Urban Ministries ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $60k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.