Doxology Inc

Analysis

Doxology Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 2023, Doxology Inc reported income of $588k and spending of $607k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $588k (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Doxology Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Present Music Inc ($588k), Holistic Underground Inc ($588k) and Noah Webster House Inc ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $181k (30% of expenses). Other salaries and wages came to $4,894. At year end it held assets of $1.3m against liabilities of $83k, net assets of $1.2m. It reported 3 employees.