Dominion Institute Inc

Analysis

Dominion Institute Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2004, 22 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, Dominion Institute Inc reported income of $53k and spending of $98k, spending 185% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $53k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 139% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dominion Institute Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within NE. Charities of a similar size with the same main cause include Turnaround Ministry Inc ($53k), Firehouse Ministries Inc ($53k) and Christian Life Center Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $62k against liabilities of $2,376, net assets of $60k.