Maitreyas Concern Mission

Analysis

Maitreyas Concern Mission is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in August 1997, 29 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, Maitreyas Concern Mission reported income of $105k and spending of $130k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $105k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income rose by 281%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maitreyas Concern Mission sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Richard L Hamm Ministries ($105k), Koachatorah Inc ($105k) and Iglesia de Jesucristo Descanso de Vida ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.9m against liabilities of $653, net assets of $1.9m. It reported 1 employees.