David Rives Ministries

Analysis

David Rives Ministries is a registered charity in United States, based in Cornersville, TN. It received its IRS tax-exemption ruling in November 2007, 19 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, David Rives Ministries reported income of $2.7m and spending of $1.3m, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $2.7m (+765%), an average of +72% a year. The sharpest change came in the year to December 2022, when income rose by 1134%. Over the whole period it spent 26% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, David Rives Ministries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Interact Ministries Inc ($2.7m), Connect Church PF Inc ($2.7m) and Baptist Evangelistic Missionary Association Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $68k (5.3% of expenses). Other salaries and wages came to $184k. At year end it held assets of $10.6m against liabilities of $36k, net assets of $10.5m. It reported 9 employees.