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Destined to Win Family Outreach Ministries Inc

RegisteredEIN 71-0656874Bryant, ARReligion
Income$5.2m2023-12
Spending$4.4msame year
Spent / received79%5-year average
Size in its cause98th pctReligion
Exempt since1989Publicly supported organisat
Employees153latest return

Analysis

Destined to Win Family Outreach Ministries Inc is a registered charity in United States, based in Bryant, AR. It received its IRS tax-exemption ruling in November 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, Destined to Win Family Outreach Ministries Inc reported income of $5.2m and spending of $4.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.2m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Destined to Win Family Outreach Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within AR. Charities of a similar size with the same main cause include Lighthouse Ministries Inc ($5.2m), Chevra Kadisha-Sinai Memorial Chapel ($5.2m) and Om Sri Sai Balaji Temple and Cultural Center Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. At year end it held assets of $11.4m against liabilities of $1.4m, net assets of $10.0m. It reported 153 employees.

Income and spending

$0$1.3m$2.6m$3.9m$5.2m2019 Income: $3,719,8552019 Spending: $3,102,53520192020 Income: $3,771,3332020 Spending: $2,945,02020202021 Income: $5,004,0132021 Spending: $3,434,41220212022 Income: $4,430,3322022 Spending: $3,727,07620222023 Income: $5,238,0792023 Spending: $4,354,2702023
IncomeSpending

Where the income comes from

  • Contributions & grants 28%
  • Program services 69%
  • Other 3.1%

Similar-sized charities, same cause

CharityLocationIncome
Lighthouse Ministries IncLakeland$5.2m
Chevra Kadisha-Sinai Memorial ChapelSan Francisco$5.2m
Om Sri Sai Balaji Temple and Cultural Center IncMonroe Township$5.2m
Gull Lake MinistriesHickory CRNRS$5.2m