Dickson Valley Ministries
Analysis
Dickson Valley Ministries is a registered charity in United States, based in Newark, IL. It received its IRS tax-exemption ruling in March 1989, 37 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 December 2022, Dickson Valley Ministries reported income of $864k and spending of $902k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $892k to $864k (-3.1%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dickson Valley Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Reining Strength Therapeutic Horsemanship ($864k), National Church Residences ($864k) and American Piano Awards Inc ($864k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $77k (8.5% of expenses). Other salaries and wages came to $232k. At year end it held assets of $2.1m against liabilities of $18k, net assets of $2.1m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 65%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reining Strength Therapeutic Horsemanship | Richmond | $864k |
| National Church Residences | Columbus | $864k |
| American Piano Awards Inc | Indianapolis | $864k |
| Koloa Early School | Koloa | $864k |