Mac Ministries
Analysis
Mac Ministries is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 2019, 7 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, Mac Ministries reported income of $260k and spending of $272k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $233k to $260k (+12%), an average of +12% a year. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mac Ministries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include G6 Allies Inc ($260k), Chesed Avraham Zev - the Dr Abe Chames Foundation ($260k) and Gilead Ministries Inc ($260k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $101k (37% of expenses). At year end it held assets of $72k against liabilities of $5,371, net assets of $66k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| G6 Allies Inc | Owasso | $260k |
| Chesed Avraham Zev - the Dr Abe Chames Foundation | Miami | $260k |
| Gilead Ministries Inc | Marion | $260k |
| Panicrev Ministries | Murrieta | $260k |