Discovery Ministries

Analysis

Discovery Ministries is a registered charity in United States, based in Eminence, MO. It received its IRS tax-exemption ruling in February 1984, 42 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 January 2024, Discovery Ministries reported income of $379k and spending of $380k, spending 100% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $314k to $379k (+21%), an average of +4.9% a year. The sharpest change came in the year to January 2022, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Discovery Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Clubhouse Ministries Inc ($379k), Koyasan Beikoku Betsuin of Los Angeles ($379k) and Be1make1 ($379k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 50% and program service revenue 38% of the total. Other salaries and wages came to $162k. At year end it held assets of $732k against liabilities of $23k, net assets of $709k. It reported 7 employees.