David McDonald Ministries

Analysis

David McDonald Ministries is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in July 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 McDonald Ministries reported income of $332k and spending of $296k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $332k (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, David McDonald Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Barnabas Ministries Inc ($332k), Gotta Go Corporation ($332k) and Am Shalem Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of -$30k, net assets of $181k. It reported 2 employees.