Downtown Ministries of Goshen Inc

Analysis

Downtown Ministries of Goshen Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in September 2020, 6 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 December 2023, Downtown Ministries of Goshen Inc reported income of $288k and spending of $66k, leaving 77% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $149k to $288k (+93%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Downtown Ministries of Goshen Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Circle of Hope Community Center ($288k), Senior Care of Orange County Inc ($288k) and Providence Northeast Washington Hunger Coalition ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $1,111. At year end it held assets of $693k against liabilities of $6,116, net assets of $687k. It reported 1 employees.