Dover Interfaith Mission for Housing Inc

Analysis

Dover Interfaith Mission for Housing Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in December 2008, 18 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 December 2023, Dover Interfaith Mission for Housing Inc reported income of $3.5m and spending of $1.4m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $875k to $3.5m (+303%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 55% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dover Interfaith Mission for Housing Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within DE. Charities of a similar size with the same main cause include Muslim Housing Services ($3.5m), Kokoro Assisted Living Inc ($3.5m) and Community Housing & Service Corp ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $48k (3.5% of expenses). Other salaries and wages came to $251k. At year end it held assets of $5.8m against liabilities of $1.1m, net assets of $4.7m. It reported 16 employees.