Daystar Ministries of Fort Lauderdale Inc

Analysis

Daystar Ministries of Fort Lauderdale Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daystar Ministries of Fort Lauderdale Inc reported income of $64k and spending of $68k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $64k (-3.1%), an average of -3.1% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daystar Ministries of Fort Lauderdale Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Just Believe Ministries Inc ($64k), Overseas Ministry Support Agency ($64k) and David Huskey Ministries Inc ($64k).

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 $415 against liabilities of $0, net assets of $415.