Into the Deep

Analysis

Into the Deep is a registered charity in United States, based in West Linn, OR. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Into the Deep reported income of $343k and spending of $434k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $328k to $343k (+4.6%), an average of +4.6% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Into the Deep sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Go Sephardic Inc ($343k), Institute for Jewish Ideas & Idealsinc ($343k) and Biblical Foundations Academy ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $95k (22% of expenses). Other salaries and wages came to $100k. At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 3 employees.