Disciples of the Way Ministries

Analysis

Disciples of the Way Ministries is a registered charity in United States, based in Cedar Hill, TX. It received its IRS tax-exemption ruling in July 2021, 5 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, Disciples of the Way Ministries reported income of $181k and spending of $252k, spending 140% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $265k to $181k (-32%), an average of -7.4% a year. The sharpest change came in the year to December 2020, when income dropped by 303%. Over the whole period it spent 408% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Disciples of the Way Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Berean Mission Alliance Inc ($181k), Kairos Christian Academy ($181k) and Unison Harvest International Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (15% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.5m against liabilities of $92k, net assets of $1.5m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.