Daystar International Inc

Analysis

Daystar International Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, Daystar International Inc reported income of $166k and spending of $174k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $166k (-4.0%), an average of -4.0% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daystar International Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Northwest Outreaches Inc ($166k), Korean American Womens Association of Chicago ($166k) and Mt Shasta Youth Sports ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.