Dare for More Ministries Inc

Analysis

Dare for More Ministries Inc is a registered charity in United States, based in East Ridge, TN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Dare for More Ministries Inc reported income of $1.1m and spending of $996k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $232k to $1.1m (+377%), an average of +48% a year. The sharpest change came in the year to September 2022, when income rose by 210%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dare for More Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Missionary Support Services Inc ($1.1m), Move a Mountain Missions ($1.1m) and Heart of the Bride Ministries Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $56k (5.6% of expenses). Other salaries and wages came to $96k. At year end it held assets of $694k against liabilities of $42k, net assets of $652k. It reported 4 employees.