Evangelical Development Ministry

Analysis

Evangelical Development Ministry is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1988, 38 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, Evangelical Development Ministry reported income of $2.8m and spending of $2.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.8m (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Evangelical Development Ministry 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Sacramento Camp and Conference Center Inc ($2.8m), Living Proof Ministries ($2.8m) and Missouri Baptist Foundation ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $154k (5.8% of expenses). At year end it held assets of $4.1m against liabilities of $564k, net assets of $3.5m. It reported 6 employees.