David Horton Ministries Inc

Analysis

David Horton Ministries Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 1986, 40 years ago. 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 2022, David Horton Ministries Inc reported income of $437k and spending of $484k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $240k to $437k (+82%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, David Horton Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Fort Wayne Childrens Choir Inc ($437k), The McKenney Foundation ($437k) and Habitat for Humanity International Inc ($437k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $401k against liabilities of $25k, net assets of $376k. It reported 2 employees.