Dominic Galati Jr Ministries Inc

Analysis

Dominic Galati Jr Ministries Inc is a registered charity in United States, based in Mt Pleasant, WI. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Dominic Galati Jr Ministries Inc reported income of $51k and spending of $61k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $55k to $51k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dominic Galati Jr Ministries Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Chosen to Lead Family Ministries ($51k), First Community Church of Christ Charitable TR ($51k) and 180 Degrees Ministries ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $7,599 (12% of expenses). At year end it held assets of $130k against liabilities of $89k, net assets of $41k. It reported 1 employees.