Doulos Discovery Ministries

Analysis

Doulos Discovery Ministries is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Doulos Discovery Ministries reported income of $1.3m and spending of $1.5m, spending 114% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $882k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Doulos Discovery Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Redefiners World Languages Inc ($1.3m), Texas State University System Foundation Inc ($1.3m) and Carl Albert State College Development Foundation ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $455k. At year end it held assets of $522k against liabilities of $157k, net assets of $365k. It reported 22 employees.