Maximov Ministries

Analysis

Maximov Ministries is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in September 2021, 5 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, Maximov Ministries reported income of $151k and spending of $168k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $181k to $151k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maximov Ministries sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Yam Hatalmud of Florida Inc ($151k), From His Heart Ministries Inc ($151k) and Iwork4him Ministries Inc ($151k).

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 $184k against liabilities of $0, net assets of $184k.