Many Mansions Ministries

Analysis

Many Mansions Ministries is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Many Mansions Ministries reported income of $1.4m and spending of $700k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $1.4m (+332%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Many Mansions Ministries sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Ming Ya Buddhist Foundation of Los Angeles ($1.4m), Bentleyville Tour of Lights Inc ($1.4m) and Kidz 2 Leaders Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (7.1% of expenses). Other salaries and wages came to $360k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 40 employees.