David Corn Ministries

Analysis

David Corn Ministries is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2016, 10 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, David Corn Ministries reported income of $271k and spending of $300k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $271k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, David Corn Ministries sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Nation Builders Ministries Inc ($271k), Our Surrendered Lives Ministries Inc ($271k) and Two Guys and a Bible Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (25% of expenses). At year end it held assets of $162k against liabilities of $22k, net assets of $140k. It reported 2 employees.