David Herzog Ministries

Analysis

David Herzog Ministries is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in February 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, David Herzog Ministries reported income of $1.9m and spending of $1.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, David Herzog Ministries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Mel Fisher Maritime Heritage Society Inc ($1.9m), 61103-Optimist Club of Cooper City ($1.9m) and Lincoln Theatre Center Foundation ($1.9m).

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 $96k (5.4% of expenses). Other salaries and wages came to $96k. At year end it held assets of $3.7m against liabilities of $2.2m, net assets of $1.5m. It reported 2 employees.