Target Dayton Ministries Inc

Analysis

Target Dayton Ministries Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Target Dayton Ministries Inc reported income of $1.3m and spending of $1.4m, spending 110% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $773k to $1.3m (+62%), an average of +17% a year. The sharpest change came in the year to May 2021, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Target Dayton Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include St Teresa Ministries Inc ($1.3m), Remarkable Marriage and Family Institute ($1.3m) and Kids Forward Inc ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $202k (15% of expenses). Other salaries and wages came to $231k. At year end it held assets of $1.4m against liabilities of $44k, net assets of $1.4m. It reported 15 employees.