Maranatha International Missions Ministry Inc

Analysis

Maranatha International Missions Ministry Inc is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Maranatha International Missions Ministry Inc reported income of $368k and spending of $391k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $252k to $368k (+46%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maranatha International Missions Ministry Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Hands for Homeless Inc ($368k), His Little Feet Inc ($368k) and Fuse Project ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.