Daniel Payne Outreach Ministries Inc

Analysis

Daniel Payne Outreach Ministries Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Daniel Payne Outreach Ministries Inc reported income of $259k and spending of $332k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $420k to $259k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daniel Payne Outreach Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Families First Community Center ($259k), Viet Rainbow of Orange County ($259k) and Mishkan Yitzchok Corporation ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Other salaries and wages came to $245k. At year end it held assets of $266k against liabilities of $78k, net assets of $189k. It reported 8 employees.