Devotions for Growing Christians Inc

Analysis

Devotions for Growing Christians Inc is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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 June 2024, Devotions for Growing Christians Inc reported income of $145k and spending of $108k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $124k to $145k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Devotions for Growing Christians Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within RI. Charities of a similar size with the same main cause include Cottagers Inc ($145k), Nep Sno Trails Inc ($145k) and Association for Reformed Ministries Abroad ($145k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $74k (69% of expenses). At year end it held assets of $724k against liabilities of $0, net assets of $724k.