Dorcas Ministries

Analysis

Dorcas Ministries is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2012, 14 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dorcas Ministries reported income of $264k and spending of $195k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $264k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dorcas Ministries sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Ozark Senior Center ($264k), New Creation Baptist Church ($264k) and Desert View Christian Science Care ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 2 employees.