Davids House

Analysis

Davids House is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in April 1979, 47 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 March 2024, Davids House reported income of $670k and spending of $645k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $358k to $670k (+87%), an average of +17% a year. The sharpest change came in the year to March 2021, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davids House sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Georgia Symphony Orchestra ($670k), Good Neighbors Senior Center Association of Ocean Shores ($670k) and Cambridge Area Young Mens Christian ($670k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $433k. At year end it held assets of $397k against liabilities of $111k, net assets of $285k.