Diocesan Housing Ministries Inc

Analysis

Diocesan Housing Ministries Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Diocesan Housing Ministries Inc reported income of $317k and spending of $31k, leaving 90% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $797 to $317k (+39729%), an average of +1896% a year. The sharpest change came in the year to December 2023, when income rose by 20729%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Diocesan Housing Ministries Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include Little League Baseball Inc ($317k), South Windsor Youth Hockey Association ($318k) and Life Choices Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.0m against liabilities of $55k, net assets of $2.0m.