DS Ministries

Analysis

DS Ministries is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2009, 17 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, DS Ministries reported income of $465k and spending of $412k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $465k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, DS Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Parish Cupboard Inc ($465k), Pentecostal Church of Philadelphiainc ($465k) and Carpenters Project Incorporated ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $102k (25% of expenses). At year end it held assets of $527k against liabilities of $13k, net assets of $513k.