Downtown Ministries Inc

Analysis

Downtown Ministries Inc is a registered charity in United States, based in Greenville, PA. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Downtown Ministries Inc reported income of $377k and spending of $339k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $377k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 272%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Downtown Ministries 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 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Icon Ministries Inc ($377k), Frontier Labourers for Christ ($377k) and Bible Passages ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $19k (5.6% of expenses). Other salaries and wages came to $171k. At year end it held assets of $913k against liabilities of $88k, net assets of $825k. It reported 10 employees.