Daystar Baptist Missions Inc

Analysis

Daystar Baptist Missions Inc is a registered charity in United States, based in Barboursville, WV. It received its IRS tax-exemption ruling in February 2003, 23 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 December 2023, Daystar Baptist Missions Inc reported income of $1.7m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daystar Baptist Missions Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within WV. Charities of a similar size with the same main cause include Trout Creek Bible Camp Inc ($1.7m), Tolerance Foundation ($1.7m) and Giving It Back to Kids ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $253k (15% of expenses). Other salaries and wages came to $39k. At year end it held assets of $351k against liabilities of $269k, net assets of $82k. It reported 2 employees.