Daughters of Virtue Ministries Inc

Analysis

Daughters of Virtue Ministries Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in August 2001, 25 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, Daughters of Virtue Ministries Inc reported income of $55k and spending of $71k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $55k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daughters of Virtue Ministries Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include New Life Commission ($55k), Empower International Ministries ($55k) and Asha Ka India Inc ($55k).

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 $5,656 against liabilities of $0, net assets of $5,656.