David Weeter Ministries

Analysis

David Weeter Ministries is a registered charity in United States, based in Haslet, TX. It received its IRS tax-exemption ruling in March 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 (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 Weeter Ministries reported income of $59k and spending of $59k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $59k (-35%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, David Weeter Ministries sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Watermelon Ministries ($59k), Dominick C Farone ($59k) and Center for Proto Buddhism Studies of Georgia Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. At year end it held assets of $43k against liabilities of $868, net assets of $42k.