Public Charity

MARANATHA BAPTIST UNIVERSITY INC

MARANATHA BAPTIST UNIVERSITY INC is a Public Charity headquartered in WATERTOWN, WI. Financial data from the 2025 filing: $19.1M revenue, $18.8M expenses, $23.3M total assets. 25 publicly reported grants to this organization, totaling roughly $2.9M, appear in IRS filings.

EIN: 391097032 WATERTOWN, WI Latest filing: 2025
Total Revenue$19.1M
Total Expenses$18.8M
Total Assets$23.3M
Grant Records25
Funding Total$2.9M
Filing Years2021–2025

Mission

THE UNIVERSITY TRAINS MEN AND WOMEN FOR EFFECTIVE GOSPEL MINISTRY IN THE LOCAL CHURCH THROUGH A HIGHER EDUCATIONAL PROGRAM OF BIBLICAL, GENERAL, AND PROFESSIONAL STUDIES.

Officers & Directors

TRUSTEE Dr Andy Counterman
PRESIDENT Dr Dave Anderson
CHAIRMAN Dr David Oliver
TRUSTEE Dr Jeremiah Cochran
TRUSTEE Dr Jesse Sherburn
CHANCELLOR Dr Marty Marriott

Officer compensation and complete director data available with membership.

Top Grant Purposes

Student Assistance
$2,433,095 8 grants
For grant recipient's exempt purposes
$198,585 5 grants
ASQ HUB GRANT - KIDDIE KAMPUS, WATERTOWN EMPLOYER SPONSORED CARE
$100,798 2 grants
STUDENT AID/TUITION
$64,000 3 grants
EDUCATION
$50,250 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $19.1M $18.8M $23.3M
2024 $17.2M $18.3M $22.5M
2023 $17.5M $18.1M $23.3M
2022 $18.4M $17.6M $23.4M
2021 $19.5M $16.5M $23.8M

Between 2021 and 2025, reported annual revenue declined from $19.5M to $19.1M (-2%), with total assets most recently reported at $23.3M.

Interactive year-over-year charts and full filing details available with membership.

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