Mahibere Kidusan Coordinating Center in North America

Analysis

Mahibere Kidusan Coordinating Center in North America is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mahibere Kidusan Coordinating Center in North America reported income of $2.1m and spending of $1.8m, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $2.1m (+21%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mahibere Kidusan Coordinating Center in North America sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Persuade the World Ministries ($2.1m), City on a Hill Ministries ($2.1m) and Society of St Vincent de Paul Tucson Diocesan Council ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $56k (3.0% of expenses). Other salaries and wages came to $264k. At year end it held assets of $6.9m against liabilities of $1.8m, net assets of $5.1m.