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David Akin Ministry Inc

RegisteredEIN 58-2022855Fayetteville, GAReligion
Income$428k2023-12
Spending$390ksame year
Spent / received97%5-year average
Size in its cause81st pctReligion
Exempt since1993Publicly supported organisat
Employees3latest return

Analysis

David Akin Ministry Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in June 1993, 33 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, David Akin Ministry Inc reported income of $428k and spending of $390k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $428k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, David Akin Ministry Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Christ of First Importance Ministries ($428k), Radio Me Hang Cuu Giup ($429k) and Ucc Xix Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $75k (19% of expenses). Other salaries and wages came to $126k. At year end it held assets of $241k against liabilities of $0, net assets of $241k. It reported 3 employees.

Income and spending

$0$122k$243k$365k$486k2019 Income: $405,7242019 Spending: $423,79220192020 Income: $486,2332020 Spending: $428,72120202021 Income: $398,5622021 Spending: $456,48120212022 Income: $437,6452022 Spending: $391,80820222023 Income: $428,4872023 Spending: $390,1342023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Program services 13%

Similar-sized charities, same cause

CharityLocationIncome
Christ of First Importance MinistriesBurbank$428k
Radio Me Hang Cuu GiupLong Beach$429k
Ucc Xix IncMarion$428k
University Christian Church Legacy FoundationSeattle$429k