Davids House Ministries

Analysis

Davids House Ministries is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Ministries reported income of $6.9m and spending of $6.0m, spending 86% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $3.3m to $6.9m (+111%), an average of +20% a year. The sharpest change came in the year to March 2021, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Davids House Ministries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($6.9m), Elderly Housing Development and Operations Corporation ($6.9m) and Community Coalition on Homelessness Corporation ($6.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $142k (2.4% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $11.0m against liabilities of $457k, net assets of $10.6m. It reported 191 employees.