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Doulos Ministries Inc

RegisteredEIN 23-7362463Lees Summit, MOReligion
Income$5.6m2022-08
Spending$8.0msame year
Spent / received104%4-year average
Size in its cause98th pctReligion
Exempt since1974Publicly supported organisat
Employees163latest return

Analysis

Doulos Ministries Inc is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in August 1974, 52 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 August 2022, Doulos Ministries Inc reported income of $5.6m and spending of $8.0m, spending 144% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income grew from $5.5m to $5.6m (+1.6%), an average of +0.5% a year. The sharpest change came in the year to August 2020, when income rose by 106%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Doulos Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include World Bible School Incorporated ($5.5m), Speaking Spirit Ministriesinternational Inc ($5.6m) and Oral Roberts Evangelistic Association ($5.5m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $269k (3.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $15.0m against liabilities of $699k, net assets of $14.3m. It reported 163 employees.

Income and spending

$0$2.8m$5.6m$8.5m$11.3m2019 Income: $5,465,1832019 Spending: $8,058,51920192020 Income: $11,277,2512020 Spending: $7,571,72720202021 Income: $7,030,7782021 Spending: $6,855,00120212022 Income: $5,553,6212022 Spending: $8,009,2672022
IncomeSpending

Where the income comes from

  • Contributions & grants 29%
  • Program services 67%
  • Other 3.9%

Similar-sized charities, same cause

CharityLocationIncome
World Bible School IncorporatedCedar Park$5.5m
Speaking Spirit Ministriesinternational IncMechanicsvlle$5.6m
Oral Roberts Evangelistic AssociationTulsa$5.5m
Clearshare HealthAustin$5.6m