Dear Neighbor Ministries Inc

Analysis

Dear Neighbor Ministries Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dear Neighbor Ministries Inc reported income of $520k and spending of $591k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $441k to $520k (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dear Neighbor Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Gateway Community College Foundation Inc ($520k), Future Farmers of America State Associations & Local Chapter ($520k) and Holy Angels Apartments II Inc ($520k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $41k (6.9% of expenses). Other salaries and wages came to $262k. At year end it held assets of $807k against liabilities of $43k, net assets of $764k.