Dayspring Ministries

Analysis

Dayspring Ministries is a registered charity in United States, based in Hackettstown, NJ. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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 June 2023, Dayspring Ministries reported income of $432k and spending of $396k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $419k to $432k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dayspring Ministries sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Cleburne Pregnancy Center Inc ($432k), New Mexico Monitored Treatment Program ($432k) and Oaknoll Foundation ($432k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3,125. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 1 employees.