Doe River Gorge Ministries Inc

Analysis

Doe River Gorge Ministries Inc is a registered charity in United States, based in Hampton, TN. It received its IRS tax-exemption ruling in January 1989, 37 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, Doe River Gorge Ministries Inc reported income of $3.5m and spending of $2.3m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.5m (+54%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Doe River Gorge Ministries Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Third World Missions Inc ($3.5m), Redzone Memphis ($3.6m) and Great Control TR ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $96k (4.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $8.6m against liabilities of $1.9m, net assets of $6.7m. It reported 105 employees.