Maranatha Home Society

Analysis

Maranatha Home Society is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 November 2023, Maranatha Home Society reported income of $156k and spending of $71k, leaving 55% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $133k to $156k (+17%), an average of +17% a year. The sharpest change came in the year to November 2023, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maranatha Home Society sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Anniston Soup Bowl Inc ($156k), Band of Brothers Prison Ministry Inc ($156k) and Assisted Care Facility ($156k).

On its Form 990-EZ for the period ending November 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.