Downtown Ministries Inc

Analysis

Downtown Ministries Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Downtown Ministries Inc reported income of $1.2m and spending of $1.3m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $973k to $1.2m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 104%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Downtown Ministries Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Live Oak County Fair Association ($1.2m), Illinois Foundation Future Farmers of America Inc ($1.2m) and Mission Squash of Houston ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Other salaries and wages came to $691k. At year end it held assets of $1.5m against liabilities of $42k, net assets of $1.4m. It reported 28 employees.