David Craig Ministries Inc

Analysis

David Craig Ministries Inc is a registered charity in United States, based in Sikeston, MO. It received its IRS tax-exemption ruling in March 1981, 45 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, David Craig Ministries Inc reported income of $562k and spending of $425k, leaving 24% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $604k to $562k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to March 2022, when income dropped by 16%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, David Craig Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include St Lukes Hospital of Kansas City Auxiliary ($562k), Kettering Fairmont Athletic Boosters ($562k) and Wake Forest College Birthplace Society Inc ($562k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $108k (25% of expenses). Other salaries and wages came to $64k. At year end it held assets of $3.9m against liabilities of $15k, net assets of $3.8m. It reported 7 employees.