Doves Nest Inc

Analysis

Doves Nest Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 2007, 19 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, Doves Nest Inc reported income of $435k and spending of $413k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323 to $435k (+134599%), an average of +506% a year. The sharpest change came in the year to December 2020, when income rose by 68137%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Doves Nest Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Uprising Inc ($435k), Johnny Hunt Ministries Inc ($435k) and Camp Crosspoint Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. Compensation of current officers, directors and key employees was $46k (11% of expenses). Other salaries and wages came to $111k. At year end it held assets of $1.1m against liabilities of $7,187, net assets of $1.1m. It reported 7 employees.