Dongyu Gatsal Ling Initiatives Incorporated

Analysis

Dongyu Gatsal Ling Initiatives Incorporated is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in September 2009, 17 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, Dongyu Gatsal Ling Initiatives Incorporated reported income of $843k and spending of $320k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $843k (+185%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dongyu Gatsal Ling Initiatives Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Nations Ministry Center ($842k), Engage West Africa Inc ($843k) and Children of Character Inc ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.