Dayspring Outreach Ministries Incorporated

Analysis

Dayspring Outreach Ministries Incorporated is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Dayspring Outreach Ministries Incorporated reported income of $153k and spending of $150k, spending 98% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $85k to $153k (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dayspring Outreach Ministries Incorporated sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Crockett Homes for Elderly Inc ($153k), Arroyo Commons Inc Aid Employment ($153k) and Anja House ($153k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $78k. At year end it held assets of $4,037 against liabilities of $5,203, net assets of -$1,166. It reported 13 employees.