Kevin Derryberry Ministries Inc

Analysis

Kevin Derryberry Ministries Inc is a registered charity in United States, based in Clanton, AL. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kevin Derryberry Ministries Inc reported income of $202k and spending of $140k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $237k to $202k (-15%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kevin Derryberry Ministries Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Polk County Jail Ministries Inc ($202k), Victory Life Fellowship of CC Inc ($202k) and Hindu Sabha of Connecticut Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $41k (29% of expenses). At year end it held assets of $386k against liabilities of $0, net assets of $386k. It reported 2 employees.