Desiring God Ministries

Analysis

Desiring God Ministries is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Desiring God Ministries reported income of $10.1m and spending of $10.6m, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.5m to $10.1m (+54%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Desiring God Ministries sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Haven of Our Lady of Peace Inc ($10.1m), Catholic Foundation for the Archdiocese of Dubuque ($10.1m) and Community Development Inc ($10.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $1.2m (12% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $7.5m against liabilities of $598k, net assets of $6.9m. It reported 28 employees.